EXCLUSIVE-Tesla board made $3 billion via stock awards that dwarfed tech peers
Published on: Dec. 15, 2025, 3:32 p.m. | Source: Devdiscourse
Tesla's board of directors has earned more than $3 billion through stock awards that far exceeded the value of those given to peers at the biggest U.S. technology firms at the time they were paid, according to an analysis performed for Reuters by compensation and governance specialist Equilar. The analysis found CEO Elon Musk's brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or liquidated.
