Then there’s Paul Elio’s financial situation. He isn’t a billionaire like Elon Musk, but Elio Motors seems to have been good to him. He lives in Phoenix, and today he earns a $250,000 annual salary as CEO of the startup, according to SEC filings.
The following table sets forth information about the annual compensation of each of our three highest paid persons who were executive officers or directors during our last completed fiscal year.