In the latest interview, many viewers were stunned after an employee at SpaceX shared the salary that Elon Musk pays Tesla employees.
Elon Musk is the wealthiest person on the planet, with a staggering net worth of $400 billion.
As the CEO of Tesla, he leads one of the world’s most innovative companies. Despite his immense wealth, the compensation for Tesla employees varies widely.
How much Elon Musk pays Tesla employee?
A report by Business Insider reveals that most of Musk’s workforce at Tesla earns between $85,000 as a logistics analyst and $175,000 as a software development engineer.
Despite these salaries, not all employees are happy with their work environment.
Many have expressed concerns about long hours and high stress.
One Reddit user shared that engineers often work a minimum of 50 hours per week. Another user mentioned a friend who left the vehicle team due to the grueling hours.
One person said: Great place to work, great jobs, busy but rewarding, lazies can’t handle it.
A second wrote: The stock compensation is going to be worth a fortune in years to come given what Tesla have in the pipeline.
While a third commented: He only owns 13% it’s not really his company it’s the shareholders who make decisions it’s not elon come on guys get real learn how big businesses run it’s not 1 man it’s a group of men or women.
Another added: You do know that the employees literally agree to the wages (and benefits) offered.
Someone else said: Not enough to get good hair plugs, like Elon’s.
Elon Musk’s leadership styles: hight expectations and controversy
Elon Musk’s leadership style is known for its intensity. According to Jim Cantrell, a former employee at SpaceX, Musk can be a polarizing figure.
“Good Elon” is full of big ideas, while “bad Elon” is often characterized by yelling and high expectations.
He said: “Working with Elon was like working with two different people: the good Elon and the bad Elon, and you never knew which you were going to get.”
How much do higher-level employees at X (Formerly Twitter) make?
When it comes to X (formerly Twitter), employees also earn impressive salaries. Directors and group managers at X make over $235,000, while data scientists earn around $267,000. Analysts at X reportedly make about $135,000.
In 2023, Musk offered stock grants to employees at X.
These grants were valued at $20 billion, with the potential for substantial growth. Musk has expressed his belief that X could achieve a $250 billion valuation.
While employees at Tesla and X are compensated generously, working for Elon Musk is not without its challenges.
Long hours, high pressure, and demanding expectations come with the job. However, the potential for lucrative compensation and stock grants remains a significant draw for many.