Tesla mentioned on CEO Elon Musk’s complete compensation for 2020 was nil, in comparison with $23,760 (roughly Rs. 18 lakhs) in 2019.
The electrical-car maker additionally mentioned in a regulatory submitting that finance chief Zachary Kirkhorn’s complete compensation was $46.6 million (roughly Rs. 345 crores), versus the $21.2 million (roughly Rs. 160 crores) he acquired in 2019.
As of April, Musk had certified for Tesla choices in his 2018 pay package deal that are actually value over $30 billion (roughly Rs. 2,22,520 crores).
Tesla added “Technoking of Tesla” to Musk’s checklist of official titles in a regulatory submitting in March that additionally named Kirkhorn “Grasp of Coin.”
© Thomson Reuters 2021