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Exciting products, great team environment, but top-down driven… with no idea about tomorrow’s direction

Product Development Engineer
Former Employee
Worked at Tesla for 4 years
April 9, 2019
San Francisco, California
3.0
RecommendsNeutral OutlookNo CEO Opinion
Pros

Great, brilliant co-workers. Great health benefits. Decent severance package for when that RIF comes.

Cons

Elon's singular focus on cars caused him to lose 60-70% of Renewable Solar sales that they had from Tesla's acquisition of SolarCity. SolarCity had >30% of the US residential solar market, now squandered to a sub-par 10%. And had to drop Tesla's workforce by 20% in 2018, in part due to this. Is this the plan of a shrewd businessman? I think not. Enter at your own risk.

Pay is a bit low for the output required compared to similar tech outfits. To keep it looking okay, titles are kept low so a comparison of salaries as a function of title looks okay on Glassdoor.

No separate sick days. These come out of your annual vacation days.

They got rid of cash and immediate stock bonuses. Bonuses all vest, so if you are stellar, awesome, 10% bonus... which you won't see unless you stick around for 4 more years. E.g., if you are stellar for 4 years then leave, at 10% bonus vesting 25% each year, your last year you won't see any of it, and your average bonus will really only be 3.75%. Awesome?

(Yes, even with these complaints, I'd recommend to a friend, at least for a little while.)

Advice to Management

Do better up-front work so you don't have to go through 'manufacturing hell' at every NPI phase.

Reward your employees more immediately.

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