Birdwatch Note Rating
2022-12-15 00:14:29 UTC - HELPFUL
Rated by Participant: 084AE681D7FA3FEC4C8B79490CE81813D6953B64171BFAE025731C560ED0D988
Participant Details
Original Note:
Elon has not received a salary since 2019 (which was about $23,760 (https://www.salary.com/tools/executive-compensation-calculator/elon-musk-salary-bonus-stock-options-for-tesla-inc) Most of his compensation is paid in stock, which is not taxed until exercised. (https://pulley.com/guides/how-are-stock-options-taxed). This is a trend in big corporations as it helps save taxes owed due to how "performance-based" compensation is taxed. (https://www.washingtonpost.com/news/on-leadership/wp/2017/11/22/this-tax-loophole-led-to-massive-ceo-pay-packages-why-eliminating-it-isnt-likely-to-rein-them-in/)
All Note Details