Amid massive financial windfalls and flying cars, it was another eventful week for Tesla Inc. (NASDAQ:TSLA) and CEO Elon Musk. Here’s a quick recap of the top stories that captured the headlines.

Musk Was Paid 2.5 Million Times More Than Median Tesla Workers

A recent report highlighted that Musk’s 2025 Tesla pay package was valued at $158 billion, a figure that outshines the total compensation of all other S&P 500 company CEOs combined. The report also noted that Musk’s pay package compensated the CEO 2.5 million times more than a Median Tesla worker in 2025.

Read Also: WeRide CEO Calls Its Tech Comparable To Tesla FSD

Gary Black’s Advice to Tesla

Gary Black, managing partner of The Future Fund LLC, opined that Tesla needed to invest in a long-term marketing and branding strategy as it expands beyond electric vehicles. Despite having a market cap of $1.3T, Black believes that Tesla has not invested enough in marketing leadership.

Read Also: Gary Black Says Investors ‘Losing Faith’ That Tesla Can Scale Autonomy—Blames Elon Musk’s Vision-Only Approach

North American EV Sales Slip

Electric vehicle sales in North America fell 27% in July to 140,000 units despite an uptick in global sales figures. During the first seven months of the year, EV sales in North America came in at 900,000 units. The figure represents an 18% decline from the same period last year.

Musk’s Potential $824 Billion Payday

Speaking of payday, Musk could also potentially receive approximately $824 billion if a merger between Tesla and Space Exploration Technologies Corp (NASDAQ:SPCX) occurs. The pay package is tied to performance-related milestones. However, the performance milestones would be treated as satisfied in the event of a takeover or merger, according to the conditions outlined in the package.

Flying Cars: Musk’s Bold Promise

While the elusive Tesla Roadster has been a talking point for investors and fans alike, Musk recently promised the arrival of flying cars, potentially with the Tesla Roadster. Notably, Musk had previously hinted that the next-generation Roadster could have the capability to briefly leave the ground.

Read Also: Elon Musk May Have a New AI Powerhouse on His Hands, Says Gene Munster as Grok Gets a New Update: 'This Model Is Going to Be a Monster'

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Shutterstock