His companies compensate engineers below market, does he not?
Also- weird take that both of your examples seem to focus on one specific genre of role. I’ve dealt with many more useless software engineering and product managers on a day-to-day basis than HR-types, who are there if you want/need to contact them or in the background if you don’t.
Maybe Musk would benefit from them, actually …especially considering Tesla has been ordered to pay $137 million to a single worker for demonstrated cases of racism and now the state of California is suing the company for widespread abuse and harassment
> If you think like an economist, the fact that his engineering departments remain fully staffed shows they're paid enough.
Well enough does not equal market rate though. There are many reasons people don't switch jobs, economists are well aware of this. Being at a company lead by such a big personality adds even more reasons.
I mean, based on the objective aggregate information we have available, they pay much less than FAANGs.
I said nothing about Tesla not being able to keep a staff due to low pay – just that I do not see any indication they are paid "well" compared to what other companies pay.
If I worked at Twitter, I would be worried my salary would be frozen and pay/promotion scales re-adjusted.
> His companies compensate engineers below market, does he not?
This varies by division. Auto Pilot for example is way over paying currently compared to peer companies. On average pay at Elon's companies is below what you'd get from FANG though.
Regarding the CA issues, as I noted on a similar comment:
> I'm sure this is all 100% true and in no way backlash for Musk's decision to shift operations away from California and very loud criticism of CA's politicians/bureaucrats.
Tesla was found guilty by the court, and other employees have come out with evidence/witnesses of the same experiences and recordings/videos. Of course the state must pursue. The state _should_ have a legal grudge against Tesla -- if it's unsubstantiated, the courts (and Tesla's top-tier legal representation) will absolutely find that.
Also, as a lifelong Texan and a recent Californian, if you don't think Texas will find a way to sink its political might into extracting as much wealth and political favors out of Tesla you are sorely mistaken. If you don't abide by the Texas governments whims, they will shut you down or run you out -- Tesla still isn't allowed to sell Teslas directly in the state, for example, because all car sales must go through a dealership; if you want to buy one, you must go to a different state (even if it was made in the state). Tesla's lobbying this latest legislative session didn't even get close to changing that, the amendment died in committee.
