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Tesla Terafab is luring TSMC engineers with 5x pay

Tesla is reportedly luring TSMC engineers with a very blunt instrument: money. The company is offering senior process engineers salaries three to five times higher than what they earn at TSMC to speed up work on Terafab, its own chip plant, with annual pay starting at about 1.62 million yuan, or $240,000, plus restricted stock […]