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Tesla and SpaceX have always been infamous for very low pay in tech (a LOT of tech people are physicists or engineers). I'd say "except for the really early eng
by candiodari 3y ago
Tesla and SpaceX have always been infamous for very low pay in tech (a LOT of tech people are physicists or engineers). I'd say "except for the really early engineers ..." but they're gone from the company.
- belltaco 3y agoMight be related to their stock compensation being high. Tesla stock has rocketed up since 2020, and some early factory workers turned into millionaires, not just engineers. SpaceX has also seen valuation grow a lot. As the article notes, it's very unlikely that Tesla stock doubles or triples anytime soon at current valuation.
- candiodari 3y agoEven if this is true, it's not accessible anymore. So perhaps the initial wave of 10 engineers eventually got to a good place, now getting there is impossible.