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How much do Elon Musk’s employees earn at Tesla?

A few days ago the presidential elections in the United States took place Donald Trump who thus returns to the White House after his previous experience. Among the main supporters of his claim were Elon Musk. The richest man in the world took part in the election campaign giving warm support to the Republican president.

This election campaign was his first foray into politics, and with Trump once again president of the United States, Musk is expected to play a high-level role in government. Meanwhile, Trump’s election has already produced results for his wallet. The actions Tesla they rose 15% in the days following the election results.

After a not-so-great start to 2024 for the automaker struggling with the crisis in the struggling electric car market, investors have returned to ‘ trust in Tesla, convinced that Trump in government could be beneficial for the future of the company. . And so Tesla shares reached close to $300 again, something that hadn’t happened in months.

Tesla had 140,473 employees worldwide at the end of 2023. Last April they announced a cut of 10% of their workforce, around 14,000 employees. «This allows us to be lean, innovative and ready to embrace the next growth phase cycle», said the CEO of Tesla, Elon Musk, in a letter to employees. Despite the news, Tesla on the website in the Careers section is always looking to hire workers for its factories around the world with competitive wages and a very important benefits package.

How much do Elon Musk’s employees earn at Tesla

Tesla employees range from computer, industrial and mechanical engineering to architects and project managers. The positions are primarily based in Palo Alto and Fremont, California or at the company’s headquarters in Austin, Texas.

Salaries range from a low of $48,000 to a high of $262,500 per year. On average, each Tesla employee earns $140,000. In this 2024, from what appears, the salaries of Tesla employees have increased. Tesla pays its workers $22 to $39 an hour, based on a tiered wage system.

The company is organized on 7 levels and the salary also varies according to the area where you are employed, taking into account the cost of living. For example, Level 1 workers at the Fremont factory will be paid $25.25 an hour under the new pay structure and Level 7 workers will be paid $35.50. In Austin, Texas, Level 1 workers make $22 an hour. The highest salaries are for software engineering managers who earn $262,500 a year.

Here are the salaries by occupation:

  • Associate CAD Engineer – $66,000
  • Associate Retail Design Designer – $80,000
  • Associate process engineer: both $83,000 and $90,000
  • Associate packaging engineer – $85,000
  • Associate industrial engineer – $87,000
  • Process engineer: both $90,000 and $120,000
  • Industrial engineer: from $90,000 to 106,605
  • Packaging engineer: both $100,000 and $104,000
  • Data engineer: from $104,030 to $126,277
  • Associate Data Engineer – $104,350
  • Senior industrial engineer: $108,150 to $142,979
  • Senior process engineer: from $108,338 to $166,000
  • Senior data engineer: $128,844 to $170,000
  • Senior software engineer: from $153,090 to 192,681
  • Manager, process engineering: both $158,500 and $190,800
  • Staff data engineer: da $162,713 a 207,675
  • Manager, software engineering: $205,733 to $209,405
  • Senior manager, software engineering: da $209,405 a $235,000
  • Director, software engineering – $262,500

In addition, Tesla employees will receive a series of benefits such as free charging of electric vehicles, discounted utilities and upgrades for employee Teslas, free shuttles, monthly discounts for various activities.

How much do Elon Musk’s employees earn at Tesla?

2024-11-08 21:27:00
#Elon #Musks #employees #earn #Tesla

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