Seeking help on understanding the offer at Tesla Also looking to understand the scope of negotiation for the sign on bonus and relocation. TC at Tesla is 625K and at Milwaukee it is 420K Looking for insight on tesla culture too. Any advice is appreciated
$420k? what’s that break down? Great offer from Tesla. Basically annual tc is $343k Typically don’t see base pay negotiated but usually have room for equity. Equity breakdown: $375k/avg close price of your first month will determine how many shares you get vesting over 4 years. 25% vests after first year anniversary and then a portion of the remainder vest every quarter. It’s great if you don’t come in at the top of a bull run or able to just hold. Also have Espp benefit so lots more potential to your tc.
Breakdown is 230K base, 120K annual bonus and 70K long term incentive pay On the Tesla side still trying to get the annual bonus and sign on defined
There isn’t an annual bonus per say like other traditional companies. Typically get merit and equity bonus (you can take cash, rsu, or options) they all vest over 4 years, even the cash. Relocation has dropped drastically but at that level should be typical pack and move home goods, ship vehicles (2 if married) and 30 day temp living. Not sure if that level still gets it but I’ve heard you’re able to select percentage of rsu/options with your initial equity offering.
Tesla doesn’t have sign on bonus. You should get something for relocation. Is this on autopilot hardware? In Pete’s org? Also how many yoe?
Looking to get a sense of what relocation and what annual bonus will be. This is for cells
15 YOE
wooow I am a looser hahaha, good for you!! I think the Tesla is better one, but is just my opinion
On the comp piece, agree. Any insight on tesla culture at management level?
Any thoughts on what it's like to work for Tesla too. All the reading I have done gives me pause to jump right in but any insight on what management is like would be helpful
what do you do?
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Milwaukee pats 420??? Jesus wonder how much makita pays