Tesla - benefits and wlb
Hi all. I’ve recently been offered a role at Tesla and I’ve been reading a lot about the work culture, benefits etc. Consensus is that pay, benefits, and wlb suck but if you belive in their mission and dig the whole hustle, by all means, go for it. Not to take a jab at anything but I’m genuinely curious as to why a revolutionary and successful company like Tesla wouldn’t pay competitively, match 401k or offer perks like any other company in the Bay Area. Any insights would be helpful, thank you!
Their stock is up 800% a year. So yeah...
Last 6 months can’t justify low pay for years.
So yeah, it's not likely to go up anymore. Anyone joining now comparatively will be offered low RSUs, if the stock even tanks slightly.
This highlights the difference between stock price and balance sheet. Tesla can’t afford to pay good cash base and bonus because that’s real money, something Tesla doesn’t have much of. So they rely on their bloated stock which will come down to earth sooner than people think.
Why would they pay more if people work for them getting paid less? No incentive until people leave or start not accepting offers.
Stock price is only bait they have?? Everything else sucks 😎
Love my team/ work 35-40 hours a week / pay has significantly been increased for new hires / not sure the rumors still hold true...
What team do you work in?
Appreciate if someone can share a bit about gc process
What role?