I received an offer from Tesla and there is no mention of annual bonus. Has Tesla stopped providing annual bonus? Manufacturing Engineer P2 offer: 115K base and 70K stocks
YOE? Out of curiosity
4 years. I am experienced engineer, was interviewed for P3 but offered P2.
Thanks!
I can speak to this. Nice offer btw. That’s the higher end of P2. I would consider this. If you are relocating ask for a relocation stipend of 10k. If no relation, then ignore my statement. Tesla offers bonus once a year. It is performance based. I personally believe it’s judged fairly. (I received ~10,000 this year with the option to take cash, RSUs or options roughly 10% of base in my case ) They pay out bonus around month 7-9 of the year. So your coming in at a good time. Happy to answer other questions if you gave them
Thank you for taking time. I asked for 7.5K relocation and 80K equity. I have requested them for joining early March due to my wait on immigration, hopefully they accept above requests and don’t rescind the offer for being demanding. I have one question: They asked me for confirming base salary and relocation allowance before the final executive review document submission stage in the interview process and I did not consider the total compensation during that stage seriously, I just said yes to it. After executive document was approved and I was offered the position, I asked for the above negotiations. Does Tesla confirm total compensation before candidate is approved for the job, and not do any negotiation after the offer is provided? Is it unfair as me being the candidate asking for another approval of increasing equity and relocation after the offer is provided to me? Your input is highly appreciated here.
Also, there is no mention of annual performance bonus on the offer letter. Do you know if still exists, curious if it was mentioned on your offer letter when you joined?
Ask your recruiter ?? They would obviously know the exact details
Yes, I have asked for couple other approvals as I have mentioned in my above comments so waiting to hear that first from the recruiter before I ask them on annual bonus. I feel I may sound demanding on asking for so many things.
Runnn
You mean run away or accept it?
I just realized ur not a swe nevermind… 115 isnt a lot of money for the work and pain they put you thru, so negotiate hard
They are going on a hiring freeze. Your offer will be rescinding. Sorry dude/dudette
Thanks for sharing this Meta. I read about them. I will see where the destiny takes me.
https://electrek.co/2022/12/21/tesla-tsla-hiring-freeze-layoffs/ tread carefully.
Thanks Databricks. I wasn’t aware until I read the above.
Doesn't matter. People don't work for money at tesla
So you mean they work to make Elon Musk the richest man in the world, rather than to live comfortably with their family.
Yes. Elon got them hypnotized
Congrats. Quick q, how long did it take for you to get update about the offer from the recruiter after the loop? Thanks !
Thank you. My recruiter is very active and responds or follows up immediately. Recruiter reached out to me next day of interview to know how did the interview and then let me know about the outcome after 3 days. People hear from them until about 2 weeks. Good luck if you are waiting!
Is stock per year
That is vested over 4 years. 25% at the end of 1st year then the remainder provided in fractions quarterly.