The CEOs of Nvidia and Lucid each earned hundreds of millions of dollars more than the leaders of other publicly traded U.S.-based automotive companies in 2022, according to this year's Automotive News/Equilar CEO Compensation Survey.
Overall, however, the study found that CEO compensation declined slightly from 2021.
Nvidia, which makes computer chips, gave Jensen Huang $506.3 million worth of pay and benefits, while Peter Rawlinson got $379 million from Lucid, an electric vehicle maker that went public in 2021.
Rawlinson's compensation was 11 times more than the next highest-paid CEO, Mary Barra of General Motors.