Re: Reality check for Tesla investors
"The big news at Tesla as of late is that at least one employee claimed that the company doesn’t compensate employees well, which Musk particularly pushed back on. The employee who revealed the renewed unionization push, Jose Moran, said most Tesla workers earn between $17-$21 hourly, while the average auto worker in the U.S. earns over $25 per hour.
On the conference call, Musk said that’s plainly false. “They are the highest paid in the industry if you include the equity, which you should obviously include,” he said. This is an interesting take from Musk. As Jeremy Owens, the tech editor for Marketwatch, pointed out, Tesla subtracts stock compensation from its earning reports."
Apparently Jose Moran doesn't expect his Tesla equity compensation to appreciate. He should get a job at Capstone - there's not much downward movement possible there.