Tesla values Musk's 2025 compensation at $158.4 billion in equity awards

Tesla disclosed approximately $158.4 billion in 2025 compensation for Elon Musk in its October 19 proxy filing. The stock-based figure was 2,522,203 times the median compensation of qualifying employees other than the CEO..

The company put median employee compensation at $62,786. It described most of Musk's reported total as an accounting valuation associated with his performance award. Under Tesla's separate measure of realized compensation, Musk received zero for 2025..

The distinction matters because the reported award value does not represent cash Musk collected. The performance package links shares to market-value and operating targets, with its highest market-capitalization milestone set at $8.5 trillion..

Tesla shareholders are scheduled to consider an advisory resolution on 2025 executive compensation at the December 3 annual meeting. The vote is nonbinding, and Tesla's board recommends approval..