That actually almost seems worse. He is not paying into Social Security or his local community. He is being generously compensated on stock, which is taxed differently.
Edit: I do want to thank you for providing that link. I was only finding a Forbes article about him being the highest compensated CEO of that year.
What did Elon get paid, excluding stock options at companies he works for?
I bet he still makes more than me.
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That actually almost seems worse. He is not paying into Social Security or his local community. He is being generously compensated on stock, which is taxed differently.
Edit: I do want to thank you for providing that link. I was only finding a Forbes article about him being the highest compensated CEO of that year.
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Borrowing against stock needs to stop yesterday, especially if it’s not specifically for the interests of the company whose stock is being used.