Tesla Magnetics Inc Salary

As of August 2026, the average annual salary for employees at Tesla Magnetics Inc in the United States is $110,923. This translates to an approximate hourly wage of $53. Salaries at Tesla Magnetics Inc typically range from $97,692 to $125,170 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Tesla Magnetics Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Tesla Magnetics Inc. Based on our data, the highest paying job is the Principal Engineer, with an annual salary of $163,317. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Tesla Magnetics Inc

Ready for your next career move? Explore current job openings at Tesla Magnetics Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Tesla Magnetics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Tesla Magnetics Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
EMI Solutions Pvt Ltd $100,681
-9.2%
Typical compensation structure for smaller regional agencies like EMI Solutions Pvt Ltd.
Prem Magnetics Inc $88,044
-20.6%
Prem Magnetics Inc may offer non-monetary perks in lieu of competitive base salaries.
Stonite Coil Corp $94,594
-14.7%
Stonite Coil Corp focuses strategically on recruiting and training entry-level apprentices.
International Wire Dies $95,322
-14.1%
International Wire Dies likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $121,746
+9.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Tesla Magnetics Inc

Considering a career at Tesla Magnetics Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
After years in the industry, I can confidently say this is the premier manufacturing employer. Leadership supports employee growth through regular training and mentoring programs. Workloads fluctuate, leading to periods of high stress. across various functions – from engineering and production to logistics and quality control – there are numerous pathways for advancement. Great team environment wi...
Work is steady and predictable. Management is supportive, offering guidance and opportunities for growth. Shift work can be demanding, with varying levels of flexibility depending on management. Environmentally friendly practices reduce waste effectively. It's inspiring to be part of an organization that values both operational excellence and its people equally. I’ve grown my skills tremendously i...
Career progression exists but is influenced by seniority. The incentive programs reward both individual performance and team achievements. Workflow is organized, but efficiency varies by team. It’s also a very safe workplace, with regular audits and improvements.

Tesla Magnetics Inc Overview

Website
www.teslamagnetics.com
Founded In
2012
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3240 Scott Blvd Santa Clara California CA 95054
Revenue
$5 Million - $10 Million
Phone Number
+1 4082070407
Social Media
About Tesla Magnetics Inc
Tesla Magnetics is committed to operate in the best interest of our customers, our suppliers, our employees, our communities and in the long term interest of company.

What Benefits Does Tesla Magnetics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tesla Magnetics Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Santa Clara?

Understanding the cost of living near Santa Clara is key to truly evaluating a salary offer or your current compensation at Tesla Magnetics Inc.
Santa Clara's Cost of Living Index is approximately 225.3 (125.3% more expensive than US average; 61.2% more than CA average). Heart of Silicon Valley, astronomical housing costs driven by tech industry, extremely high overall expenses. When planning your budget based on a salary from Tesla Magnetics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,600+ A significant portion of Tesla Magnetics Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (VTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $520 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,700 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tesla Magnetics Inc

1. What is the typical salary range (low to high) for most roles at Tesla Magnetics Inc?

The typical annual salary range for most roles at Tesla Magnetics Inc is approximately from $97,692 to $125,170. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Tesla Magnetics Inc pay compared to EMI Solutions Pvt Ltd?

The average annual salary at Tesla Magnetics Inc is $110,923, or an hourly wage of $53, in comparison to EMI Solutions Pvt Ltd which pays $100,681 per year or $48 per hour.

3. How does experience level affect salary at Tesla Magnetics Inc?

Experience level is a significant factor in determining salary at Tesla Magnetics Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Tesla Magnetics Inc in Santa Clara is fair given the local cost of living?

To determine if a salary offer from Tesla Magnetics Inc in Santa Clara is fair, first compare the gross salary to our data for similar roles at Tesla Magnetics Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Santa Clara" to understand its purchasing power.

5. What factors influence salary increases at Tesla Magnetics Inc?

Salary increases at Tesla Magnetics Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.