It’s a private company, they can do whatever they want.
Most people want to work for Tesla, Spacex for many reasons. 401k match is not in top 10 list.
People can vote with their feet and move to another company, if 401k match is deal breaker.
Most people want to work for Tesla, Spacex for many reasons. 401k match is not in top 10 list.
People can vote with their feet and move to another company, if 401k match is deal breaker.
It's generally accepted that if you work with people and they contribute to your success you should recognise that and reward them rather than attempting to exploit their passion as far as possible. Elon Musk absolutely doesn't have to do that, but that doesn't mean people can't judge him for being an asshole.