Home / Street Sector / Tesla Motors Inc (TSLA) Reveals Leadership Compensation; Autopilot Proactively Saves Driver Life

Tesla Motors Inc (TSLA) Reveals Leadership Compensation; Autopilot Proactively Saves Driver Life

CEO of Tesla Motors Inc (NASDAQ:TSLA), Elon Musk has total compensation previous year was valued at $37,584, that means reflecting minimum wage requirements in California, according to SA. Though, it doesn’t include the 5.27M in stock options he obtained in 2012, that were aimed to compensate for 10 years. Musk owned around 37.2M Tesla shares, a 26.5 percent stake, worth about $9.47B based on Friday’s closing price.

In the meantime, new CFO Jason Wheeler’s compensation was worth at $20.9M, roughly entirely from a new-hire stock-option grant ($46,154 was in salary). In addition, Wheeler joined Tesla from Google in November. JB Straubel, firm’s chief technology officer, got $250,560 in salary while Doug Field, Tesla’s VP of engineering, received a $306,923 salary and $2.8M in stock awards.

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On the other side, Tesla Model S autopilot takes over and saves driver from collision, according to Marketwatch.  At what time Ohioan Joshua Brown took his Tesla Model S for a spin earlier on Sunday, he got familiar fast with how handy the autopilot system could be as it took over, and avoided a crash.

In remarks attributed to driver alongside video, released earlier this month on YouTube, he recounted what happened at what time a heavy truck equipped with a hydraulic lifting system unbeknownst to him:

“I was driving down the interstate and you can see the boom lift truck in question on the left side of the screen on a joining interstate road. Once the roads merged, the truck tried to get to the exit ramp on the right and never saw my Tesla. I actually wasn’t watching that direction and Tessy (the name of my car) was on duty with autopilot engaged. I became aware of the danger when Tessy alerted me with the ‘immediately take over’ warning chime and the car swerving to the right to avoid the side collision.”


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