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Though automakers face headwinds over stalled EV adoption and need to make drastic cuts, Tesla CEO Elon Musk and Stellantis CEO Carlos Tavares will receive exorbitant salaries this year. Carlos Tavares’s approved record remuneration of 36.5 million euros is sparking a political debate in France.The compensation package of the Portuguese leader of Stellantis ranks him as the highest-paid automotive CEO among legacy brands. His astronomical salary of 36.5 million euros was already proposed last month but needed to be officially approved at the shareholder\u2019s meeting this week.This content has been archived. Log in or Subscribe to a level that has…<\/p>\n","category_list_v2":"Europe<\/a>, Industry<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"\nMusk and Tavares stick to their enormous pay packages - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/04\/18\/musk-and-tavares-stick-to-their-enormous-pay-packages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Musk and Tavares stick to their enormous pay packages - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Though automakers face headwinds over stalled EV adoption and need to make drastic cuts, Tesla CEO Elon Musk and Stellantis CEO Carlos Tavares will receive exorbitant salaries this year. 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