Connect with us

News

Tesla said it received 3 million job applications in 2021

Published

on

Tesla said in its 2021 Impact Report that it received 3 million job applications from potential employees last year.

“By attracting, developing, and retaining excellent talent, we’ve developed a pipeline of diverse and exceptional candidates while fostering an inclusive culture that supports them once they become employees,” Tesla said in the report. “Whether it is through our direct hiring opportunities, internships, or workforce development programs, interest in joining Tesla’s mission is at an all-time high. We had more than 3,000,000 unique applicants globally in 2021 alone.”

Tesla has received an increase in prospective employees over the past several years. In 2019, Tesla received around 750,000 job applications. In 2020, this number grew to around 2,250,000 applications, with 2021 seeing another increase to around 3 million.

Tesla said it encouraged more applicants to join the company through a number of new outreach programs and initiatives:

“We expanded access to hiring opportunities for underrepresented communities by centering diversity, equity, and inclusion (DEI) in our hiring process. We did so by increasing gender-neutral language in our job descriptions, broadening our sourcing efforts, revamping interviewing guides, building community partnerships, educating on unconscious bias, and facilitating training for recruiters, hiring managers, and interview panelists.”

Tesla job applications received in 2021. (Credit: Tesla)

The automaker, along with Elon Musk’s aerospace entity SpaceX, is highly attractive for recent engineering graduates, according to a 2021 Universum survey. SpaceX was the top choice among graduate engineers, while Tesla ranked number two. Nasa, Lockheed Martin, and Boeing rounded out the top five. The first automaker outside of Tesla to land on the list was General Motors, which ranked as the 17th most attractive place to work. Ford ranked 20th.

Tesla is a highly attractive company due to its revolutionary status as a major disruptor in the global automotive industry. While Tesla is widely credited with catalyzing the EV movement as a whole, it has managed to revolutionize a number of other relevant topics, including manufacturing. CEO Elon Musk has been one of the most well-versed CEOs in history from a standpoint of understanding the complete process of building a car from start to finish. Musk has focused on manufacturing efficiencies to help Tesla gain momentum and grow at an incredibly fast rate. “Tesla will be absolutely head and shoulders above anyone else in manufacturing. That is our goal,” Musk said in 2020.

Tesla launches new Manufacturing website to recruit and employ

Advertisement
-
-

Nearly all parts of the Tesla manufacturing process involve engineering, but the vast need for specialists in each field is what makes Tesla so special. While industrial engineers can make further advanced in manufacturing, software engineers can help Tesla improve its Autopilot and Full Self-Driving suites. There is no shortage of engineers needed to accelerate the world’s transition to sustainable energy.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

Elon Musk

Elon Musk updates the SpaceX timeline for Mars

Published

on

Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

Advertisement
-
-

Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

Continue Reading

Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

Published

on

Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

Advertisement
-
-

The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

Continue Reading

Elon Musk

Elon Musk responds to Volvo’s latest LiDAR decision

Published

on

(Credit: Tesla)

Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.

Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.

The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.

Musk saw the story on X and responded, stating:

“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”

Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.

The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.

Elon Musk argues lidar and radar make self driving cars more dangerous

“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.

Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.

Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.

Advertisement
-
-

The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?

Continue Reading