The employees of a Seattle, Washington, company whose boss gave them a well-publicized big raise have bought him a new Tesla.

A photo collage which showed the new ride was shared on Facebook Thursday by Gravity Payments CEO Dan Price.

He wrote on the social media site: 'Shocked. Still in disbelief. Never imagined this was possible.

'Gravity employees saved up and pitched in over the past six months and bought me my dream car.

'A brand new, gorgeous blue #Tesla. Still in shock. How do I even begin to say thank you?'

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The employees of a Seattle company whose boss gave them a well-publicized big raise have bought him a new Tesla. A photo collage which showed the new ride was shared on Facebook Thursday by Gravity Payments CEO Dan Price

Dan Price was filmed hugging the gift from his employees. He wrote on Facebook: 'Shocked. Still in disbelief. Never imagined this was possible'

Gravity spokesman Ryan Pirkle said the gift was thought up and organized by an employee who was one of those most impacted by Price's decision last year to raise to $70,000 the annual salary for all the more than 130 people who work at the company that processes credit-card payments.

At the time Price said he would also make $70,000, dropping his salary from more than $1million annually.

In a video posted to Facebook by Gravity Payments, Alyssa O'Neal said: 'You know, we were kinda just sitting there, me and one other person, and kinda think of these crazy ideas of ways we can kind of thank Dan, and found the one thing that he really talks about a lot and loves.

'And, kind of the idea of a Tesla came up.'

Employee Alyssa O'Neal (pictured) has said she and another person were discussing ways to thank the CEO. 'And, kind of the idea of a Tesla came up,' she said

The image on the left was posted on Wednesday by Gravity Payments, which wrote: 'The tables have turned. #tasteofyourownmedicine #70KCEO'. Price is seen left

Tesla S cars begin at $70,000, the Seattle Times reported.

The Gravity Payments CEO was sued last year by his sibling, Lucas Price.

Lucas Price alleged his minority shareholder rights had been violated and his brother's $1million salary was extravagant, DailyMail.com reported. Price won the lawsuit earlier this month.

Dan Price was renting out his house in the wake of giving his employees the raise, it was revealed last year.

Price was seen embracing employees after he was given the big present

He told the New York Times in 2015 that his net worth was approximately $3million.

Price said at the time: 'I'm working as hard as I've ever worked to try to make it work.

'I'm renting out my house right now to try to make ends meet myself.

'I haven't made this little amount of money since I was in my early 20s.'