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International Business Times
International Business Times
National

Tesla Board Rakes In Staggering $3BN From Stock Awards – Far More Than Tech Rivals

Tesla Inc. Elon Musk Ira Ehrenpreis Meta Amazon Apple Microsoft
Tesla directors pocket billions in stock awards as compensation which far outstrips Apple, Meta and other tech heavyweights.

Big money is at play as controversy brews across global markets, Tesla's board of directors have earned an astounding $3 billion in stock based awards, massively outstripping compensation for directors at other major technology companies.

This unbelievable figure comes from years long accumulation of stock options that have rocketed in value as Tesla's share price climbed relentlessly. Although the board halted compensation in 2021 due to challenges over executive pay, the wealth generated from earlier awards continues to dwarf what peers receive in the Elon Musk-led company.

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