Equity based compensation at Tesla has generated extraordinary wealth for its board members, placing the electric vehicle maker far ahead of other US technology companies when it comes to director pay linked to stock performance.
A compensation analysis carried out by Equilar shows that Tesla’s board of directors has earned about $3B through stock awards. This total far exceeds the value of equity awards granted to board members at peer technology firms in the United States, underlining how strongly Tesla relies on stock-based incentives.
The figures highlight the scale of individual gains. Kimbal Musk, the brother of CEO Elon Musk, has earned nearly $1B in stock awards since 2004. Director Ira Ehrenpreis has made about $869M since 2007, while board chair Robyn Denholm has collected roughly $650M since 2014. All of these gains are tied to stock awards rather than fixed salaries.
Equilar, a widely cited executive compensation research firm, noted that Tesla’s approach stands out within the US tech sector. The findings show how long-term share price growth has translated into unusually large rewards for board members, setting Tesla apart from its industry peers.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.
