Tesla Paid $175,000 For CEO Elon Musk's Jet Last Year

jet jets plane aircraft

Elon Musk only accepts a dollar a year as a salary to run Tesla, but the company takes care of him in other ways.

In Tesla’s s1 filing, since the second quarter 2009, Tesla has paid $175,000 to cover the cost of Musk’s private plane travel for business. 

This isn’t too bad when you put in perspective. Vringo, a video ringtone company, filed for an IPO last week. We called it the “joke of the week.”

Vringo has $36,000 in revenue, but its CEO paid himself $224,244 last year.

That’s more than Elon Musk spent on his private jet. And Musk was flying around the world to get funding.

See Also:  Tesla’s IPO: A Big Bet On The Model S 

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