Left Apple to join Tesla in June 2018

Apple
ExGoogleFB

Go to company page Apple

ExGoogleFB
Dec 28, 2020 32 Comments

A co-worker left Apple to join Tesla in June 2018. He got sign-on package with RSUs of 400k.
He has 4 years of experience and on H1b. He just bought 2.5Million house on cash in Mountain View.

Do you think it’s worth to stay at FAANG, or find next Tesla?

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TOP 32 Comments
  • Well he doesn't look like a good investor to me. Buying a $2.5M house in cash with historically low interest rates seems to be a foolish decision.
    Dec 28, 2020 9
    • Lol who said bank does not give mortgage to h1bs..Yelp knows shit about how mortgage business works

      H1b for life and closed a 1.5m house with 20% last month..
      Dec 29, 2020
    • New / IT
      fb_soon

      New IT

      fb_soon
      @manwithno, I didn't say that he couldn't get one because of being on an H1b, I said that "it's entirely possible that he doesn't have any real credit or that banks aren't willing to give him a loan of that size". It's possible that he doesn't have a credit history.
      Dec 29, 2020
  • you could've just bought Tesla stock in cash and has the same gains. doesn't Apple pay way more than Tesla in terms of TC? why not stay at Apple and find the next Tesla, but just invest instead of working there?
    Dec 28, 2020 1
    • Citadel
      BrutеForce

      Go to company page Citadel

      BrutеForce
      Just buy 400k worth of stock? Sure. Problem with that logic is that you can't buy same amount of stock right away. You still need to get your 4 year grant money. And you will inevitably miss out on major part of the gains.
      Dec 28, 2020
  • VMware
    underware

    Go to company page VMware

    underware
    haha lol. The story you just described - seems like someone won a lottery jackpot and they squandered most of it
    Dec 28, 2020 0
  • Apple
    tBBl68

    Go to company page Apple

    tBBl68
    400k of AAPL in 2018 would be worth 1.2 mil today
    Dec 28, 2020 0
  • Amazon
    givemefb

    Go to company page Amazon

    givemefb
    Bought a 2.5M cash house in mountain view. lol

    A fool and his money are soon parted

    I still dont get what fascination we desi people have with mountain view and sunnyvale. Like its flies being attracted to a light bulb or something.
    Dec 28, 2020 2