Tesla Is A Wealth Creation Machine: Elon Musk's Salary Is Zero, But He Tops The Billionaires List And His Workers Are Backing Up Brinks Trucks
Portfolio Pulse from Adam Eckert
Tesla Inc (NASDAQ:TSLA) pays its employees between $85,000 and $175,000, according to data from work-visa applications. The data does not include stock-based compensation, grants, performance rewards, and bonuses, which have been lucrative for employees due to the stock's impressive performance from late 2019 to the end of 2021.
June 09, 2023 | 2:23 pm
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Tesla's employee salaries range from $85,000 to $175,000, excluding stock-based compensation and bonuses. The strong performance of TSLA stock has significantly increased employee earnings.
The news provides insight into Tesla's employee compensation structure, which includes salaries and stock-based rewards. While this information is interesting, it does not directly impact the stock price in the short term. However, it does show that Tesla is investing in its workforce, which could have long-term positive effects on the company's performance and, consequently, its stock price.
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