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- Elon Musk doesn't draw a cash salary from Tesla because he's paid in stock options.
- He received the final block of options from his 2018 pay package last month, meaning he's now technically working for free.
- But don't feel too sorry for Musk – he made $56 billion from the 2018 plan.
Tesla CEO Elon Musk is currently working for free.
The world's second-richest person hasn't taken a cash salary since 2019 – when he was paid just $23,760 to comply with the minimum wage laws in California.
Instead, Musk agreed deals in 2012 and 2018 to be paid in stock options, which give him the right to load up on Tesla shares at a below-market price.