Musk's pay to exceed combined salaries of 1.4M US teachers
What's the story
Elon Musk, the CEO of Tesla and SpaceX, is set to receive a staggering compensation package that could amount to up to $1 trillion in stock over the next decade. The deal, approved by Tesla shareholders, averages out to about $100 billion per year. According to The Washington Post's analysis, this annual income would be more than the combined salaries of approximately 1.4 million US elementary school teachers.
Income comparison
Musk's income surpasses salaries of other large occupational groups
The analysis further revealed that Musk's annual income would also match or exceed the combined earnings of other large occupational groups. This includes 3.2 million US cashiers and nearly a million human-resources specialists, whose total incomes fall $26.7 billion short of Musk's yearly figure. The stark contrast between Musk's massive pay package and essential professions has sparked widespread social media commentary.
Online reactions
Social media reacts to Musk's staggering compensation
The news of Musk's potential $1 trillion pay package has drawn mixed reactions on social media. Some users criticized the capitalist system for rewarding billionaires while others defended Musk, calling him the highest tax-paying citizen in the country. One user said, "Any school teacher has more work ethic in their pinky finger than Elon Musk has in his entire body." Another countered with, "No US elementary school teacher could consistently match his results."