Elon Musk Gets a Raise, (Makes Minimum Wage)
In a story on AutoGuide, we learned that Musk got a fairly decent raise. …by minimum wage standards – $2,080.00, or almost 6%. Not too shabby. He now meets California’s minimum wage standards, but, well, he doesn’t accept the salary anyway – unlike some of his top help. The CFO, Deepak Ahuja, has a $338,000 salary (with options) and Greg Reichow, VP Production, got an increase from $225,000 to $275,000.
Still, Autoguide reports, in spite of a few cuts in the last years, Musk is doing all right. “…in 2012 he received $78.1 million and owns 28.3 million shares of Tesla, which is worth about $6.2 billion.”
It is good to be Musk.