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Elon Musk says Apple offering $250,000 signing bonus to poach Tesla employees

Sun, Feb 8 2015
The talent pool in Silicon Valley is filled with sharks. Google, Apple, Oracle, eBay, Amazon, Nvidia, Adobe, HP and Electronic Arts all draw from the finite workforce of northern California, so unsurprisingly, competition for new hires is extremely fierce.

Elon Musk, founder of Tesla Motors, offers proof of that, claiming that Silicon Valley stalwart Apple has offered his employees whopping $250,000 signing bonuses and 60-percent pay increases. But don't worry, Tesla is just as guilty of poaching Apple's employees.

Bloomberg has the interesting story that focuses not so much on the inter-hiring between the two companies, but on their similarities, which includes drawing parallels between their mercurial – some may say iconoclastic – founders. It all makes for fascinating reading, giving insight into the games played between top employers in one of the country's most competitive job markets.

Head over and have a look.

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By Brandon Turkus


See also: Why stories of low Tesla Model S sales should be salted, Recharge Wrap-up: NADA chairman keeps 'Get The Facts,' Teslarati improves at Buttonwillow, Why it's difficult to accurately test the efficiency of a plug-in car.