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Elon Musk welcomes Apple into car business, more engineers to poach

Tesla CEO Elon Musk welcomes Apple into the car market, opening the door to even more engineer poaching
By: Michael Hatamoto | Technology in Vehicles News | Posted: May 8, 2015 1:20 am

Tesla CEO Elon Musk doesn't seem too worried if Apple wants to make a play in the automotive market, believing his company will have even more employees to try to poach.

 

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Apple reportedly is working on Project Titan, a likely autonomous vehicle project keeping "hundreds of employees" busy, according to CEO Tim Cook. The Silicon Valley computer giant is reportedly dishing out $250,000 signing bonuses and extremely lucrative salaries, specifically looking for car battery experts.

 

If true, this means Tesla has more skilled engineers in the San Francisco Bay Area to choose from in the future:

 

"I certainly hope Apple gets into the car business," Musk said following Tesla's earnings report. "That would be great. But we're not seeing any significant attrition of engineers to Apple, for anything. Cars or otherwise. Anyone can find this out by going on LinkedIn. If you look at the trailing 12 months, Tesla has recruited something like five times as many people from Apple as Apple has from Tesla."

NEWS SOURCES:Venturebeat.com, Blogs-images.forbes.com

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