Why Elon Musk Earns $0 a Year as CEO of Tesla

*Correction: @1:05 should say 8.4 million NOT $8.4 million in reference to the number of shares.

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0:04 Original Tesla photo: Courtesy of Tesla, Inc.

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*NOTE: @**1:05** that should say 8.4 million NOT $8.4 million in reference to the number of shares. Sorry!*
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[lanzer]

To everyone complaining about Elon coverage - This channel have always had about 3 to 1 ratio of Elon/Tesla/SpaceX videos over other topics. Cindy's first 6 videos were all centered around Elon and his companies. Her fist 20 videos featured 14 videos about Elon and his companies. She covers current and relevant topics with historical ones spaced out in-between. Not a surprising format at all.

It's amazing how people are willing to self select data and create claims of how she's obsessed with Elon now as opposed to the good old days. Cindy is one of the best presenters on YouTube who spent a lot of time researching her materials and present her finding with an uncanny level of polish. Let's stop for a moment to appreciate all that she had done.

[spl]

Another important fact with these shares is that he needs to hold them for a few years as well before he can sell them. He can't just open a new traunch and suddenly sell the shares. Also, he cant just pump Tesla stock price to get to a new market cap value. The market cap needs to be sustained for a peroid of time before the market cap tranch opens up. But since we're already above 1 trillion, that's not going to be an issue.

[VKSgtSLaughter]

Your news and reporting style are excellent. Keep up the great work 👍

[SemperMaximus]

Respect to those who spent 15years of their lives working 100hours a week just to achieve their goals and make billions!

[rakibahmedtonmoy]

This is the kind of content that I pay my internet bills for ❤️

[TheDisgruntledImperial]

The guy sleeps in offices, warehouses, and a $50, 000 house that I think he might be renting. His health has obviously deteriorated over the last 2 years as he throws himself into SpaceX's development of Starship. He has talked non-stop about reinvesting his money into future technologies and has done so. Anyone who has a problem with the amount of wealth he gathers at this point is completely blinded by their greed and jealousy. They're also sadly mistaken if they think the government will spend his money wisely.

[Carissafield]

I am new to trading and have made alot of losses, can anyone help me out with a strategy that works for them?

[Brahim.Oudades]

What kind of microphone are you using? really appreciate it!

[masochistboy]

Thats a good incentive plan, every CEO should follow that

[aresmars]

Being in Minnesota today, 4F, 20-40mph winds leading to a -25F windchill makes me think Mars isn't a particularly attractive place to live, even if Musk can reduce the per person costs of traveling to Mars to that of an average coastal house. People complain of tyrannical democratic governments on earth, but what "rights" does a future citizen of Mars have? And what happens when ONE person goes postal, or opens an air hatch in revenge suicide because she feels abused for losing a job to someone who slept with the boss or whatever? Society is expensive, Mars is more expensive. I wonder what fraction of people can handle the discipline needed?

[harristengku]

One of the best News Reporting videos I've seen in a while. Thanks for making things simple for someone like me.

[william_]

1:05 I believe that 8 million should not have a dollar sign, as its number of shares not value

[ryyfjeh]

Hey bucko, the reason he gets paid 0 is because it's a way to legally avoid paying income tax, and plus he can easily influence the value of Tesla stock by speculation and over exaggerated promises, so he isn't really risking anything.

[mydutube]

Thanks Cindy. You are objective, unbiased and informative as always!

[kristijanradovac]

Even if he made 100M a year I wouldnt mind for all the shit he went through to make companies thrive and effort to move us in to better future. You should complain about bankers and stock swindlers that move bunch of numbers around, damaging the poor and middle class and make gazillion dollars every year. Get a grip folks.

[feyaia]

Bravo! What a great video that shows the very best in risk capitalism, and its rewards.

[richarddawkins]

It's just like playing a game for elon.

[evertrue]

Very smart intelligent man who has achieved so much at such short periods of time through a lot of hard work. Unfortunately we can not say the same about empty headed politicians and public administrators who think the best way to generate more income into govt treasury, is to go after billionaires' wealth directly instead of generating tremedous revenue from govt assets that these billionaires make use of in the first place...

[Ralph_Malph]

It is suspect when a single individual can mastermind a $54 billion pay package. Something is not right. 🤔