Tesla's internal salary database reveals a unique strategy by Elon Musk: lower base salaries combined with substantial stock grants[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.yahoo.com/tech/internal-tesla-salary-database-shows-100002870.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). This approach aims to attract and retain employees who are truly passionate about the company's mission and willing to bet on its future success[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.yahoo.com/tech/internal-tesla-salary-database-shows-100002870.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
### Key Insights:
- Selective Hiring: Tesla's hiring process is rigorous, often requiring Elon Musk's sign-off for every new hire[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.yahoo.com/tech/internal-tesla-salary-database-shows-100002870.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
- High-Risk, High-Reward: Employees accept lower base pay upfront for the potential of lucrative future payouts through stock grants[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.yahoo.com/tech/internal-tesla-salary-database-shows-100002870.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
- "Hardcore" Workers: The system is designed to find and keep employees who are die-hard Tesla fans and willing to put in extra hours[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.yahoo.com/tech/internal-tesla-salary-database-shows-100002870.html?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
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