How much do Elon Musk’s employees earn at Tesla?
Tesla, the leading electric vehicle brand owned by Elon Musk, has a median salary of $145,000 according to data released by The Street.
The media outlet consulted the U.S. Department of Labor’s data on foreign hires that show Tesla is still hiring workers, and the information includes the estimated base salaries for new hires.
By the end of 2022, Tesla had approximately 130,000 employees. However, because of the current conditions in the economy, it has laid off staff and hired about 30,000 people during the calendar year.
In the data submitted to the Department of Labor within the first quarter of 2023, 184 Tesla hiring records are shown.
The data are for international hires, most of which are recipients of the H1B visa granted to employees with citizenship outside the U.S. and include positions for software, industrial and mechanical engineers, architects, and project managers to work primarily in Palo Alto, Fremont, California, or Austin, Texas.
Tesla’s 184 hires range from a minimum of $80,000 to a maximum of $235,000 per year, with a median salary in the database of $145,000.
According to the information, these are the salaries for some of the jobs, although there could be variations in concepts such as seniority and work experience.
- Associate Design Planner, $80,000 dollars
- Process Engineer, $90,000 to $112,175
- Packaging Engineer, $100,000
- Industrial Engineer, $101,634
- Manufacturing Equipment Engineer – $108,000 to $125,000
- Senior Process Engineer, $112,500 to $140,000
- Software development engineer, $122,000 to $160,000
- Senior Industrial Engineer, $140,000
- Senior Software Development Engineer, $155,925 to $220,000
- Manager, Software Engineering, $209,405
- Senior Manager, Software Engineering, $235,000
These are some of the positions for building next-generation electric vehicles that are far from inexpensive. A study by Hedges and Company indicates that the average Tesla owner is an upper-middle-class white male with an income of over $100,000 per year.
