Tesla's board gets paid big as Elon Musk chases $1 trillion

Tesla’s board found a way to get rich without getting “paid.” The company suspended director compensation in 2021 after shareholders sued, but earlier option grants kept swelling with the stock. A Reuters analysis with Equilar finds Tesla directors still averaged about $1.7 million a year from 2018 to 2024 — and logged more than $3 billion in stock-award gains from 2004 to 2024 — a haul that far out-muscles peer boards across Big Tech. Tesla relied heavily on stock options for director compensation, issu ...