---
title: Tesla's Billionaire CEO Elon Musk Works for Peanuts
description: Musk has paid himself California’s minimum wage for the past two years, but he only kept $1 and returned the rest to the company.
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published: '2015-04-23T21:31:03.000Z'
modified: '2015-04-23T21:31:03.000Z'
section: Business
tags:
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![Electric Car Maker Telsa Announces Nevada Site For New Battery Factory](https://img.money.com/2015/04/1280-tesla.jpg)
*CARSON CITY, NEVADA- SEPTEMBER 4: Elon Musk, CEO of Tesla Motors, speaks at a press conference at the Nevada State Capitol, September 4, 2014 in Carson City, Nevada. Musk and Sandoval announced a plan to build a Tesla Gigafactory in Nevada to produce batteries for electric vehicles providing 6,500 jobs to the state. (Photo by Max Whittaker/Getty Images)*

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