Elon Musk Says He’s Boosting Tesla (TSLA) Pay Amid Talent War With OpenAI
Apr 04, 2024 - bloomberg.com
Tesla Inc. CEO Elon Musk has announced that the company is increasing the pay of its artificial intelligence engineers, contingent on progress milestones. This move comes as Tesla faces a talent war, with OpenAI aggressively recruiting its engineers with substantial compensation offers.
Musk revealed this information on his X social media site, previously known as Twitter. He expressed concern over OpenAI's successful recruitment of a few Tesla engineers, despite the company's efforts to retain its talent.
Key takeaways:
Tesla Inc. CEO Elon Musk announced that the company is increasing pay for its artificial intelligence engineers.
The pay increase is contingent on progress milestones.
Musk made this announcement on his X social media site, which was formerly known as Twitter.
OpenAI, the creator of ChatGPT, has been recruiting Tesla engineers with large compensation offers and has been successful in some instances.
