Musk has already hinted at doing that:
Musk has already floated some ideas about how to make Twitter more profitable.
He said that he intends on reducing the pay for executives and board members - Twitter's 11 board members collectively make $2.9 million in cash and stock awards, and Musk has said he will reduce that to zero.
Twitter's top lawyer, Vijaya Gadde, earned $17 million last year, although the vast majority of that was stock. CEO Parag Agrawal receives an annual salary of $1 million, but made around $30 million last year when his stock was taken into account.
But Musk also said this:
On April 14, he said he was not interested in the company for money, and was more concerned about changing the way it operates.
'This is not a sort of way to make money,' he said. 'I don't care about the economics at all.'
Musk has already hinted at doing that:
Musk has already floated some ideas about how to make Twitter more profitable.
He said that he intends on reducing the pay for executives and board members - Twitter's 11 board members collectively make $2.9 million in cash and stock awards, and Musk has said he will reduce that to zero.
Twitter's top lawyer, Vijaya Gadde, earned $17 million last year, although the vast majority of that was stock. CEO Parag Agrawal receives an annual salary of $1 million, but made around $30 million last year when his stock was taken into account.
But he also said this:
On April 14, he said he was not interested in the company for money, and was more concerned about changing the way it operates.
'This is not a sort of way to make money,' he said. 'I don't care about the economics at all.'