Elon Musk's Brother Claims: Elon Hasn't Received a Salary From Tesla for 7 Years and 'Needs to Be Paid'

Elon Musk’s Brother Claims: Elon Hasn’t Received a Salary From Tesla for 7 Years and ‘Needs to Be Paid’

Written by Fabio Lucas Carvalho

Published on 01/09/2025 at 09:26

Foto: Reprodução

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In Interview With CNBC, Kimbal Musk Argued That Elon Deserves Compensation Despite Billion-Dollar Stock Grant Approved by Tesla Board.

Kimbal Musk, Elon Musk’s younger brother, publicly defended the CEO of Tesla in an interview with CNBC.

On the Squawk Box program, he stated that Elon “needs to be paid,” emphasizing that his brother has not received a salary or bonus from the company since 2017.

According to him, the decision should be made by the shareholders: “I think my brother deserves to be paid. I will let the shareholders decide that.”

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Stock Grant

Tesla recently announced a provisional grant of 96 million shares to the South African magnate, valued at around US$ 29 billion. This decision was approved by the board on August 3.

However, the package will only be finalized if Elon remains in a key executive position for two years. The measure was considered a relevant incentive but does not correspond to the fixed salary advocated by Kimbal.

Judicial Context

The approval came shortly after a Delaware court struck down the 2018 compensation plan, valued at over US$ 50 billion.

The court pointed out flaws in the approval process and possible harm to shareholders.

This situation increases pressure on the board to seek alternatives that ensure Elon Musk’s continued leadership of the company.

Corporate Governance

Tesla emphasized that neither Elon nor Kimbal participated in the vote on the provisional grant. The decision was solely up to independent directors, reinforcing the company’s commitment to transparency.

Still, Kimbal insists that fair compensation for Elon must be ensured, even if it depends on the final deliberation of the shareholders.

Who Is Kimbal Musk

In addition to being on Tesla’s board, Kimbal Musk is known for his work as an entrepreneur and philanthropist. He was involved in the creation of Zip2, sold in 1999, and has established himself in initiatives related to sustainable food.

He founded The Kitchen Restaurant Group, a chain of restaurants that focuses on local products and responsible farming.

Kimbal also co-founded the nonprofit organization Big Green, dedicated to creating educational gardens in schools. His projects include training young agricultural entrepreneurs and controlled farming initiatives in urban areas.

This trajectory reinforces his public image as a businessman linked to food education, sustainability, and the promotion of local supply chains.

Elon Musk’s Brother Claims: Elon Hasn’t Received a Salary From Tesla for 7 Years and ‘Needs to Be Paid’

In Interview With CNBC, Kimbal Musk Argued That Elon Deserves Compensation Despite Billion-Dollar Stock Grant Approved by Tesla Board.

Stock Grant

Judicial Context

Corporate Governance

Who Is Kimbal Musk

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Elon Musk’s Brother Claims: Elon Hasn’t Received a Salary From Tesla for 7 Years and ‘Needs to Be Paid’

In Interview With CNBC, Kimbal Musk Argued That Elon Deserves Compensation Despite Billion-Dollar Stock Grant Approved by Tesla Board.

Stock Grant

Judicial Context

Corporate Governance

Who Is Kimbal Musk

Social Action

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

A German architect built a cylindrical house in 1994 that rotates to follow the sun throughout the day, generates 5 times more energy than it consumes, and was the world’s first energy-positive house.

Two African countries will inaugurate in 4 days an 825-meter bridge suspended 90 meters high over a reservoir — it is the largest of three bridges of a megaproject that will supply millions of people.

A company that drilled for oil has drilled 4.8 kilometers of rock in Utah and found a never-ending heat of 290 degrees — now it is building the world’s first next-generation commercial geothermal power plant, with 100 MW connected to the grid in June 2026.

Brazil spent R$ 1.9 billion on a giant bridge to Paraguay, and it is already finished, but no one can use it properly because the access points are not ready, and traffic remains blocked months later.

A cyclone arrives in Brazil with gusts of up to 60 km/h, dropping temperatures, intensifying the thermal sensation, and advancing with a cold air mass; high pressure brings even colder dawns until May.

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An American man went viral explaining why he left New York to live in Florianópolis, and his phrase about a R$20 churrasquinho being worth more than a US$200 restaurant in Manhattan captivated the internet.

The reactors of the aircraft carrier Gerald R. Ford produce 600 megawatts and could power an entire city.

As if a faucet had been opened in the ocean, warm water begins to reach Antarctica, breaks through the natural protection of the ice shelves, and intrigues scientists about the upcoming impacts on the global climate.

Brazil enters the era of engineered wood buildings alongside Canada, Sweden, Austria, and Norway, betting on a technology that promises faster construction, fewer emissions, and fire resistance that challenges concrete and steel.

War in Iran causes China to sell solar panels like never before, pushing 68 gigawatts to the world in just one month, while Middle Eastern oil becomes a global headache for suppliers desperate for alternatives.