Kathaleen McCormick

Money Moves

As of May 2026: Twice ruled against the Musk package; awaiting appeal proceedings

In 2018, Tesla's board agreed to pay Musk stock options if he hit a string of growth targets, with a maximum theoretical value of about $56 billion—already the largest CEO pay package ever written. Eight years later, Tesla is actually moving to hand over the shares, now worth more than $100 billion.

Updated May 31