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I remember a few years ago when Elon Musk got a huge payout for hitting a production target with Tesla. It was basically a huge bet that paid off because they
by jandrese 4y ago
I remember a few years ago when Elon Musk got a huge payout for hitting a production target with Tesla. It was basically a huge bet that paid off because they mandated tons of overtime.
I did the math and realized that if he took half of the bonus and distributed it evenly to every single Tesla employee, from VPs down to cafeteria staff, it would amount to around $40,000 for every person in the company. Of course Elon pocketed it all.
Later that year and for the following year Tesla would be embroiled in labor scandals.