Help Evaluate: Tesla Controls Engineer Offer
Looked around in existing posts re: Tesla compensation packages. Found a few helpful opinions, but seeking more perspective on compensation package.
- $95k base
- $70k RSU (3x multiplier to convert to options // 4 year vesting with a 25% cliff at one year)
- 3 out of 4 available medical plans are free (details TBD)
- No signing bonus
- No annual bonus
- Position is not Associate not a Senior—just a Controls Engineer
- Relocation = they will pay to move stuff by weight and up to 21 days of temporary lodging. They also contract with a company that will help support buying/selling our house. And they will provide a miscellaneous cash reimbursement of up to $2k.
Seeking perspective on compensation, RSUs, and where negotiating power might reside in any of these categories of the package. Is this offer reasonable? Too low?
I know that increasing base compensation and getting a signing bonus may be tough, as Tesla is (technically) a start-up and tight on cash...unless I’m way off base and I have more negotiating room than I feel like I do. It definitely seems like they’re wanting to hire every Controls Engineer in existence...but the hiring manager did tell me today that I stood out as a candidate to the team.
Note: offer received today and no negotiation on these details taken place as of yet with Tesla.