Pakistan, June 3 -- Despite being the world's richest person, Elon Musk received no salary from Tesla in 2024, according to a recent report by The Wall Street Journal. Musk, who serves as Tesla's CEO, was the lowest-paid executive among S&P 500 companies last year.

The reason for this zero-compensation lies in an ongoing legal battle. In 2018, Tesla's board approved a massive $56 billion compensation package for Musk, tied entirely to performance goals. However, that package has since been rejected twice by a Delaware court, following a lawsuit filed by shareholder Richard Tornetta.

Tornetta alleged that Musk had effectively designed his own pay plan and that Tesla's board misled shareholders by not properly disclosing key details of th...