Pros
- Insurance benefits (health, life, etc.) and stock compensation are highly competitive compared to other employers. - Ability to make an impact is what keeps folks here. Everyone is excited for the mission and deeply engaged in Tesla's products. - Tesla is a very dynamic place to be, where you can add value in a very concentrated amount of time. - Tesla will give you the opportunity to work on something in which you are not an expert, as Tesla values soft skills vs. hard knowledge.
Cons
- Salary is at or slightly below average. Annual bonuses barely account for inflation. Equity grants are the main form of compensation. - Job insecurity is a constant. Over the three years I worked at Tesla, I witnessed about 6 rounds of layoffs. This has a negative impact on morale and everyone always has one foot out the door in preparation of being let go. - Tesla does not value individual knowledge or expertise. Tesla is the only company I've worked at where it is acceptable to announce on a Wednesday that you are leaving the company and then be gone by Friday. There is no effort to transition knowledge or roles, leaving to inefficiencies and knowledge gaps. - High attrition due to constant layoffs creates an unstable environment in which management/senior leadership is constantly changing, strategy is changing and knowledge is lost. - Tesla is a VERY demanding company. There is almost an expectation for employees to avoid incurring expenses and therefore employees will often pay for business expenses out of pocket. You will be expected to work long hours and be flexible to do so especially at every end of quarter. Due to this level of demand, Tesla is not a supportive place for parents or those with significant personal demands. - Because everyone is overworked, it is difficult to get follow-through from other teams and constant follow-up is required. - 80% of Tesla's workforce is under 35. While this creates many opportunities for those early in their career, there is often a lack of functional expertise and professional maturity. - Elon has final say on everything and will not be challenged by others, including his direct reports, for fear of losing their jobs. - Due to constant attrition, people managers and leaders are regularly purged. This creates an environment in which employees are rewarded for being average performers for fear of being promoted and then eventually fired. Many people who have remained at Tesla in the long term (i.e. 7-10 years) have done so by flying under the radar and avoiding visibility, creating a perverse incentive for mediocrity. - Many departments are male dominated and have a "bro" culture, with few women at the Senior Manager level and above. There are few people of color at the Senior Manager level and above. There is a lack of diversity within leadership and a lack of effort to cultivate and retain a diverse pipeline of leadership talent. Diversity is not integrated into the company culture as demonstrated by the radio silence from senior leadership this year (aside from the sole Black executive). - Career growth is not well tracked or managed. There was a period of 1.5 years where no formal performance reviews (or salary increases) were conducted. Promotions and compensation are HIGHLY dependent on the manager. It is not uncommon for someone to be underpaid or not receive a promotion for years because a manager is more focused on managing their personal job security vs. advocating for the team.