Elon Musk didn’t send Twitter employees bonuses

27. 03. 2023 | Kristýna Bezděková

Elon Musk is one of the most famous entrepreneurs and technologists in the world. His innovative ideas and projects, such as SpaceX and Tesla, have earned him great popularity and admiration around the world. However, recent reports suggest that not all employees of his companies are happy with his leadership and management.

One of the most recent controversies is the fact that Elon Musk has not given his employees large bonuses, which are usually distributed to employees as part of the company’s profit share. This situation has been highlighted by a recent report from The Information, which claims that Tesla and SpaceX have given much smaller profit shares to their employees compared to other tech companies.

According to sources included in the report, Tesla only distributed 0.5% of its total profits to employees, which is much less than the shares received by employees of other tech companies such as Microsoft or Google. SpaceX, on the other hand, distributed $125 million worth of shares to its employees, which, while more than Tesla, is still less than other tech companies.

Reactions to this situation vary. Some people are defending Elon Musk, arguing that profit share may not be a priority for employees and that companies like SpaceX and Tesla need to invest in their projects to stay competitive in the market. However, others argue that profit share is a fair and important part of employee compensation and that Elon Musk should invest more in his team.

In any case, this situation shows that the management of companies, even the most successful ones, must always focus on how best to reward their employees and keep them happy. Failure to do so can lead to negative consequences such as reduced productivity, employee attrition or a deterioration in the company’s image.


Source: twitter, instagram

Author of this article

Kristýna Bezděková

Kristýna is a student of marketing and communication in an undergraduate program. She writes and translates content into the Czech language


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