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Internal Tesla salary database shows Elon Musk’s strategy: Lower salaries, bigger stock grants [Video]

An internal salary database shows that the company offers lower base salaries than its tech and automotive peers but offers substantial stock grants.Jordan Strauss/Invision/AP; iStock; Rebecca Zisser/BI

Tesla attracts millions of job seekers annually. The few who receive offers typically face a calculated gamble: Accept lower base pay up front for the chance of a potentially lucrative future payout.

Business Insider secured access to an internal Tesla pay database, covering nearly 100,000 employees as of December 2021. That data, along with public filings and interviews with people who have worked for the automaker, reveal the company’s pay strategy. Tesla offers lower base salaries than its tech and automotive peers but offers substantial stock grants.

Even Tesla’s top earners must bet on the company. This high-risk, high-reward system is coupled with a selective hiring process that has in the past included Elon Musk’s sign-off for every hire.

Using Tesla’s internal salary database, BI looked at median base pay for the roughly …

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New Year's Resolution Bootstrap a Startup with a Paycheck and 1Mby1M [Video]

We are in 2025. Hundreds of thousands of tech businesses have already been built successfully. Let's learn from those who have come before us. Girish Navani started eClinicalWorks, a healthcare IT venture by bootstrapping with a paycheck. Girish scaled to over $500M in revenue. Since 2006, I have spent thousands of hours interviewing successful entrepreneurs. Listening. Asking questions. Understanding. Extrapolating. Learning about their mistakes. Capturing their lessons from the trenches. I encapsulated their anecdotal knowledge into Methodology. I have been running One Million by One Million (1Mby1M) since 2010. Our unwavering mission has been to democratize entrepreneurship education, incubation and acceleration. What is Core Startup Methodology? Bootstrapping. Positioning. Market Sizing. Customer Validation. Customer Acquisition. Financing. Team Building. We have to learn Domain Specific nuances. We call them Electives. Artificial Intelligence. Machine