
Tesla’s board has proposed giving Elon Musk a $1 trillion compensation package, the largest in American history. This comes as Musk brags about not going to work at Tesla, tanking its stock with recklessness and political interference, while union-busting the very workers who generate the wealth for the company. Rewarding absentee leadership with a trillion-dollar payday shows just how broken CEO pay has become.
And Musk is only the most extreme example. Starbucks’ CEO made nearly $98 million in 2024, more than 6,600 times what a barista earns. Health insurance executives at UnitedHealth, Elevance, and Cigna each made hundreds of times more than their employees. Across the S&P 500, CEOs now take home nearly 300 times the pay of the average worker.
Americans for Financial Reform is fighting back. We are pushing Congress to pass the Tax Excessive CEO Pay Act and the CEO Accountability and Responsibility Act, which would tax corporations with the most extreme pay gaps and strip perks from companies that lavish billions on executives while shortchanging their workers. But Wall Street lobbyists and corporate boards are working overtime to protect this system.
Your support is critical. Together we can demand action, expose corporate greed, and stop outrageous deals like Musk’s trillion-dollar jackpot from becoming the new normal.
Contribute to Americans for Financial Reform today and fund the fight to rein in excessive CEO pay now.