Musk: added pay is for 'putting the money towards Mars'

From:: Elon Musk
Date:: July 30, 2017 (reply sent about July 30-31, 2017; exact date not given in the retrieved text)
To:: Todd Maron

Partial text. Only these passages were published; [...] marks a gap.

[J]ust want[ed] to make sure Tesla interests come first. [...] [T]he added comp is just so that I can put as much as possible towards minimizing existential risk by putting the money towards Mars if I am successful in leading Tesla to be one of the world's most valuable companies. This is kinda crazy, but it is true.

About this email

Agreeing to let Maron continue, Musk says he wants Tesla's interests to come first and that the extra compensation is meant to fund Mars and reduce existential risk.

Notes

Known only through the passages quoted in Chancellor McCormick's post-trial opinion (factual background); the full email is not public. Bracketed alterations are the court's. The final sentence ('This is kinda crazy, but it is true.') appears at the end of the same passage of the opinion and is read here as the continuation of the block quote.

Where it came from

Court record; attribution confirmed.

Tesla, executive & internal. Tags: pay-package, compensation, todd-maron

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