December 8, 2020
Tesla recently released their 2020 Diversity, Equity, and Inclusion Impact Report for US operations last week and the numbers more-or-less align with Silicon Valley’s numbers.
While making up only 6% of the US population, Asian-Americans make up more than 20% of Tesla’s workforce, outnumbering other underrepresented communities, and 25% of director positions and higher management are Asian as well.
Tesla further reported 20% of new hires were also Asian-American while 23% of promotions were Asian as well, about 15% higher than 2019.
Tesla is no stranger to Asian tech. A majority of their most advanced parts were actually developed by Japanese companies. Their famous long-range batteries were created by Panasonic and their electrical system and chassis were developed by Fuji Technica. A majority of Space X scientists and engineers are Asian-American as well.
Asian companies dominate the automobile market and high-tech. Toyota is currently the 10th largest company in the world, right below Amazon, according to Fortune Global 500. Toyota surpassed its American rivals back in 2009 and hasn’t looked back.
Feature Image via CNBC