According to employees at Tesla's Shanghai factory, the company has further increased its wages.

Amidst the current economic downturn, Tesla has taken the lead in raising salaries, which has sparked resentment among domestic workers.

Why is it that only foreign companies seem to consider employee benefits, while domestic companies remain indifferent?

Employees from Tesla's Shanghai factory have revealed that in July, the company distributed bonuses for the second quarter, with the bonus amount increasing from 1.2 times the monthly salary to 1.5 times.

There are nearly 20,000 employees at the Shanghai factory, and when interviewed, they expressed that they had not received any news about a wage increase, making this raise quite unexpected.

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However, looking at the factory's production capacity, the employees have all excellently met the production requirements.

In the second quarter, Shanghai delivered 247,000 Tesla electric vehicles, the highest level since the factory started operations in 2019.

Tesla's employee compensation has always been higher than the domestic industry standard, yet it is still significantly lower than that of the American factories, saving Tesla a substantial amount of labor costs.

When Musk first built the factory in Shanghai, there were domestic financial advisors who suggested treating workers according to the domestic industry's compensation standards and adopting a low base salary with high overtime pay to increase workers' working hours and promote Tesla's production capacity.

However, Musk disagreed, stating that the compensation he offers is already low enough compared to the United States and there is no need to further exploit employees; Tesla's profits do not come from saving labor costs.

According to Tesla's recruitment notices in Shanghai, the average compensation is about 8,000-9,000 yuan, with performance bonuses each quarter, plus a year-end bonus, even ordinary workers can earn up to 17 months' salary in a year.

Additionally, Tesla's provident fund is at 7%, plus an additional 5% for supplementary provident fund, totaling 12% per month, which is significantly higher than that of domestic private companies.

When you add all these benefits together, an ordinary worker can earn up to 120,000 yuan a year, which indeed makes many domestic workers envious.

In April of this year, several employees in Shanghai expressed dissatisfaction with their bonuses on Twitter, which triggered collective complaints within the factory.

As a result, some employees directly complained to Musk through internal channels.

Musk responded immediately, indicating that he would investigate the salary situation.

Later, in May, he came from the United States and visited the Shanghai factory late at night, marking his first visit to the factory in three years.

Many employees also met their boss for the first time.

Musk expressed his gratitude to the workers at the factory and praised the employees for their outstanding performance, acknowledging that they had overcome multiple difficulties and challenges.

Although Musk did not respond directly to the media regarding the employee complaints, the salary increase at the Shanghai factory has already demonstrated his commitment to employee compensation.

Perhaps this is the action power of foreign companies.

If it were in China, these employees would definitely be fired, and the issue of salary increases would be indefinitely postponed by the management.

The various interpersonal relationships in China make the workplace very tiring.

This year, Musk also signed an interesting agreement, which was an anti-unfair competition agreement with 14 domestic car companies, requiring that all car companies not engage in malicious competition or price reductions.

This clause is clearly aimed at Tesla, as everyone knows that if Tesla reduces its prices, domestic car companies would have almost no chance of survival.

As early as 2014, Musk open-sourced Tesla's technology code and made all patents freely available because other global car companies were moving too slowly.

In order to effectively integrate the industry chain, Musk unreservedly opened Tesla's technology.

It can be said without hesitation that most domestic car companies have used Tesla's technology, but Tesla's FSD chip and autonomous driving technology are still unmatched by domestic car companies.

In addition, in terms of manufacturing costs, Tesla's Gigafactory can infinitely reduce the cost of car production, giving it a larger profit margin to compete with other car companies.

Although Musk was very willing to sign the non-price reduction agreement with his domestic peers, he then introduced a subsidy plan called the referral purchase award.

Existing car owners can recommend their friends or family to buy Tesla, and the recommended buyer can receive a subsidy of 3,500 yuan, which can be directly deducted from the car price.

The referrer can also receive 7,000 points, which can be used to purchase car services, accessories, parts, etc.

Note that this is a subsidy, although it is not a price reduction, it is also equivalent to a disguised price reduction, which shows that Musk does not buy the account of domestic car companies at all.

If you don't let me reduce the price, I will give subsidies and can also increase the sales volume of referrals.

Moreover, Musk's salary increase for Shanghai employees is also a form of resistance to domestic car companies.

If you don't let me reduce the price, then I will increase salaries.

Whether from the perspective of employees or consumers, you cannot compete with me.

Many employees of car companies are willing to work at Tesla's factory.

Whether it is price reduction or salary increase, anything that is beneficial to consumers and workers should be supported.

After all, if you are not competitive yourself, you cannot tolerate others being excellent.

Domestic private companies have not increased salaries when they make money, and they still lay off employees when they lose money.

As a worker, it is really frustrating.