Tesla's employee compensation strategy revealed

According to reports, Business Insider magazine obtained Tesla's internal salary database and revealed Tesla's compensation strategy. Although Tesla's base salary is lower than other companies in the same industry, the generous stock rewards it offers have attracted a large number of talents. Data shows that the median salary of Tesla employees in 2021 is about $40,000, and by 2023, this figure has increased to $46,000. However, this is still lower than most competitors, such as Meta's median employee salary of up to $379,000. Tesla's compensation strategy relies on stock rewards, and some employees can even receive stocks worth millions of dollars.