According to Fortune, an executive pay analysis by the American Federation of Labor and Congress of Industrial Organizations, or AFL-CIO, put Elon Musk’s 2025 compensation at Tesla at roughly $158.3 billion based on the grant-date fair value of restricted stock. The figure equals about 2.52 million times Tesla’s median employee pay of $57,243. Using that calculation, Musk earned the equivalent of a Tesla worker’s annual pay every 4.23 seconds. AFL-CIO said the 2025 package was unlike anything it has seen since it began tracking CEO compensation in 1997. The analysis also said Musk’s pay was about 14 times the combined compensation of all other S&P 500 CEOs, while the average S&P 500 chief executive made about 312 times what workers earned. The report noted that the $158.3 billion figure was not cash actually received in 2025, but a valuation based on the fair value of restricted Tesla shares on the grant date. Those shares could ultimately be worth as much as $1 trillion if Tesla meets the required performance targets.
ChainCatcher reported, citing Fortune, that an executive compensation analysis by the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) valued Elon Musk’s 2025 pay package at Tesla at about $158.3 billion based on the grant-date fair value of restricted stock.
On that basis, the total was about 2.52 million times Tesla’s median employee annual pay of $57,243. Using the same calculation, Musk was earning the equivalent of a Tesla employee’s yearly salary every 4.23 seconds.
AFL-CIO said Musk’s 2025 compensation package was at a level it had never seen since it began tracking CEO pay in 1997. The analysis said his compensation was roughly 14 times the combined pay of all other S&P 500 company CEOs, while the average S&P 500 CEO earned about 312 times worker pay.
The report also noted that the $158.3 billion figure was not cash Musk actually received that year. Instead, it was calculated from the fair value of Tesla restricted stock granted in 2025. Those shares could eventually be worth as much as $1 trillion if Tesla meets the required performance targets.
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