2022 Tesla Model X Plaid on 2040-cars

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Tesla's Musk Paid $70,000 Salary In 2013

Tesla Motors CEO Elon Musk was paid just under $70,000 in 2013. But he could be in line for much, much more. According to a Tesla filing with regulators Thursday, Musk made a base salary of $33,280 in 2013. That was the minimum he was required to make under California law. He got an additional $36,709 in company bonuses. Tesla says Musk, the billionaire founder of PayPal and rocket-building company SpaceEx, only accepts $1 and returns the rest to the company. Musk could someday rake in much more from the company he helped found in 2003. Under a compensation package approved in 2012, Musk was awarded options to buy nearly 5.3 million shares of Tesla stock at $31.17 each. The stock closed Thursday at $207.86, making those shares worth about $900 million. The plan is supposed to compensate Musk over a 10-year period, but only if the company meets performance goals. Musk can't exercise all the shares, for example, unless Tesla's shares reach a total value of $43.2 billion. The company's shares are currently worth $25.6 billion. Musk would also have to meet milestones for production of Tesla's planned Model X electric SUV and its Generation Three vehicle, which will cost around $35,000. Right now, Tesla only makes the Model S sedan, which starts at $70,000. Tesla said in its filing that some incremental stock value goals have been achieved, but the operational milestones, while probable, have not been reached, so none of Musk's shares have vested. Related Gallery Tesla Model S Wins Coveted 'Car Of The Year' Awards

Leilani Munter loves her Energy Freedom Race Car, Tesla Model S

Leilani Munter is putting a red, white and blue spin on green at the Kansas Speedway tonight. That's where the eco-minded racer is debuting her Energy Freedom car with the message that people should be able to choose how clean they want their energy to be. Tonight is the last race of the season for ARCA, a stock car racing series a level below the NASCAR Nationwide Series. Munter told AutoblogGreen this week that this is the perfect time to bring up the energy freedom issue, since the media is already paying attention. She's no stranger to this sort of thing, either, having driven a race car with solar power assistance at a race at Chicagoland and running a 100-percent renewable energy car at Daytona earlier this year. "I wanted to show people that [EV] technology that is available to us now." – Leilani Munter "My degree is in biology, so I've always been eco-minded," she said before recounting a story about driving her personal Tesla Model S from Charlotte, NC to that race in Chicago. "I wanted to show people that this is a technology that is available to us now and that you can make long trips," she said. She used the burgeoning Supercharger network to fill up along the way and even announced her stops ahead of time in order to meet fans, both of her racing and EV technology. She said some people asked about running out of electricity, but answered them with a laugh and explained that she's got this thing on her dash board that shows her how many miles she has left, just like a gas gauge. Regular readers might remember Munter from the "Eco Dream Team" of race car drivers she put together in 2008 or when she saw the effects of the BP oil spill in the Gulf of Mexico in 2010 first hand. She also had a previous life in Hollywood as a stand-in for Catherine Zeta-Jones. She said that she used the money she made from working on movies to go racing school. That was 14 years ago, and she's used her racing skills to not only promote green energy but also to bring more green to the track since then. She adopts an acre of rain forest or donates to coral reef protection after each race. As for the new Energy Freedom car, Munter said that, "As Americans we should have the right to choose where we get our energy. Utilities are getting a little nervous about people choosing renewable energy, and this car is meant to bring that topic up. I have solar panels on my roof and I can drive off of sunshine every day.

Tesla 3 Series-fighter to be named Model III

Tesla really is a unique automaker. Usually when a new model is confirmed, there are big press announcements touting a company's latest, greatest vehicle and everything it can do for consumers. Elon Musk's electric car company likes to do things a little differently, though. Instead, the CEO gave an interview about its long-awaited entry-level offering, the Model III, to the UK's Auto Express and confirmed the story on its Facebook page.
Post by Tesla Motors.
Corporate statements doesn't get much simpler and to the point that that. The smaller, cheaper Model III will be aimed against compact premium sedans like the BMW 3 Series and will be unveiled in 2016 before actually going on sale in 2017. According to Musk, the new vehicle will offer a 200-mile range and will carry a price tag of around $35,000.