GM doles out $40 million to bring on Tesla alum Sterling Anderson

General Motors has offered a substantial $40 million hiring package to Sterling Anderson, a former Tesla executive and co-founder of Aurora Innovation Inc., to lead its global product and serve as chief product officer. This significant investment reflects GM’s strategy to accelerate its progress in self-driving vehicles, EVs, and software by attracting top talent from the tech industry. The compensation package for Anderson, which began with $16 million in 2025 and will continue into 2026 and 2027, is notably higher than the total compensation received by CEO Mary Barra and President Mark Reuss for the same period.

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