The Tesla board of directors' stock rewards have profited more than 3 billion dollars, significantly exceeding those of its technology peers.

date
15/12/2025
According to analysis by the compensation and governance professional organization Equilar, the Tesla board of directors has received over $3 billion in returns from stock rewards, far surpassing the corresponding compensation of board members of large tech companies in the same period. The analysis points out that based on the appreciation of stock options held or realized, CEO Elon Musk's brother Kimbal Musk has made nearly $1 billion since 2004; director Ira Ehrenpreis has accumulated $869 million in profits since 2007; and board chairman Robin Denholm has also earned $650 million since taking office in 2014. Despite the board not awarding themselves new stock rewards since 2020, members have still reaped this massive wealth. In 2021, in order to settle lawsuits from shareholders regarding "excessive director compensation," the Tesla board agreed to temporarily suspend director compensation. However, between 2018 and 2020, the average cash and stock compensation for members of the Tesla board was around $12 million, about 8 times higher than Alphabet's average level during the same period, which was the second highest among the "Big Seven" in terms of compensation.