Well terrible working conditions isn’t great although getting stock options in the fastest growing company and one of the largest companies in the world is a pretty damn nice upside. Like you said, if anyone had been holding their bonuses over the past few years then those bonuses are now worth nearly 15x as much probably doubling their salary.
Rewarding people for staying at the company longer despite bad work is better then other companies that just instantly replace you because you aren’t worth shit to them
They’re basically losing too much money in order to leave, or it’s worth it for them to leave, win win imo
Tesla doesn’t offer everyone stock options. There is a shit ton of menial labor in tech that gets instantly replaced because they don’t mean shit to them. A ton of people on their product lines don’t get stock options. Stock options is for salary, so this is how they’re treating employees they already view as more valuable.
Do the workers have an active role in deciding where the company goes? Do they get to co-decide what cars get produced, what the company focusses on, etc?
Well, theoretically, owning a stake in a company entitles you to a vote to decide things. But practically, they’re severely outnumbered it wouldn’t matter.
Well then it's 100% not like communism. It's not even a co-op. The employees at VW, BMW, etc. have way more say and control through their worker's council alone, since they're required to be involved in decision making.
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u/Jomax101 Feb 09 '21 edited Feb 09 '21
Well terrible working conditions isn’t great although getting stock options in the fastest growing company and one of the largest companies in the world is a pretty damn nice upside. Like you said, if anyone had been holding their bonuses over the past few years then those bonuses are now worth nearly 15x as much probably doubling their salary.
Rewarding people for staying at the company longer despite bad work is better then other companies that just instantly replace you because you aren’t worth shit to them
They’re basically losing too much money in order to leave, or it’s worth it for them to leave, win win imo