<
https://www.theguardian.com/business/2026/aug/13/elon-musk-tesla-pay-workers>
"Elon Musk received over 2.5m times as much compensation at Tesla as the
company’s average worker, according to a new report on the growing gap between
top corporate executives and their workers.
Musk’s $158.3bn pay deal was an outlier but came as the gap between CEO and
worker pay continued to grow. Excluding Musk, last year the average ratio of
CEO to worker pay for the top S&P 500 companies was 312 to 1, up from a 285:1
ratio in 2024. With Musk, the average pay ratio was 5,387:1, according to the
executive pay watch report released this week by the AFL-CIO, the largest
federation of labor unions in the US.
“In 2025, Elon Musk received the median Tesla worker’s pay every 4.23 seconds –
less time than it takes to read this sentence,” states the report. “A majority
of S&P 500 CEOs made more in one day than the median US worker made in one
year.”
Average CEO pay, excluding Musk, was $22.8m in 2025, up from $18.9m in 2024.
With Tesla accounted for, the average increases to $340.1m.
The report notes workers’ share of US national income has fallen to the lowest
level since the second world war."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
