Zhangmen Technology Gifts Teslas As Year-End Bonuses

The Shanghai-based Internet company Zhangmen Technology has reportedly gifted 36 of its 50 employees with Tesla Model S electric cars as year-end bonuses.

Tesla Model S China

CEO Chen Danian said the cars were to award the employees for their hard work.

Chen Danian is the brother of Shanda Interactive Entertainment founder and CEO Chen Tianqiao, and Zhangmen Technology is a subsidiary of that very successful company. Zhangmen Technology focuses on mobile software and hardware development.

“Zhangmen turned profitable with a smartphone app named WiFi Omnipotent Key after reported losses of 100 million yuan (US$16 million) at the beginning of 2014,” WantChinaTimes.com states. “The Android-based app allows users to find WiFi hot spots near them and has active users of more than 500 million and 230 million monthly active users.”

Image Credit: Tesla Motors

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