Tesla Employee Discount (2022 Guide)

What is the Tesla employee discount? If you're a Tesla employee, you're probably wondering how to take advantage of the employee discount. In this blog post, we will provide all the information you need to know about the Tesla employee discount program.

We'll cover topics such as eligibility, how to apply for the discount, and what benefits are included.

tesla employee discount

What is Tesla Employee Discount?

Employees may save up to 35% on Tesla products and a variety of services, including transportation, childcare, and entertainment. Even with employees, Tesla products are highly sought after.

The Tesla employee discount program is a great way to save money on some of the best products and services in the market. If you are a Tesla employee, be sure to take advantage of this program and get the most out of your employee discount.

Do Tesla car salespeople receive discounts?

Tesla employees don't get any sort of discount on the cars they produce and sell. However, they may be able to get a free or reduced-cost company car to drive, depending on their position within the company. Tesla also offers a referral program that allows employees to earn credit towards a Tesla vehicle if they refer someone who buys a Tesla car.

tesla employee discount

Do Tesla employees receive stock options?

Yes, Tesla employees receive stock options as a part of their compensation packages. This includes the production and sales staff as well. Employees can purchase shares at a 15% discounted price twice a year.

Tesla is committed to offering its employees competitive benefits and stock options are a part of that. Employees have the opportunity to gain ownership of the company and share in its success.

It is dedicated to building the world's best electric cars and they start with attracting and retaining the best talent. Their stock options program is just one way they do that.

Do Tesla employees get special financing options?

Yes, Tesla employees do get special financing options. This is one of the ways that Tesla tries to help its employees manage their finances and debt. Tesla gives active workers a way to handle their debt and costs without turning to higher-cost options like a401(k) plan, credit cards with a high annual percentage rate, or traditional payday loans by providing them with a "financial well-being" service.

This benefit can be especially helpful for employees who are struggling to make ends meet. Tesla is committed to helping its employees lead healthy and prosperous lives, both inside and outside of the workplace.

What are some Tesla employee benefits?

In addition to the employee discount, Tesla also offers a variety of benefits to its employees. These benefits include transportation, Great disability insurance, child care, and more.

1. Great disability insurance

Tesla offers outstanding job-related disability insurance for its workers. Long-term disability insurance, which ensures that the firm will pay 60% of an employee's wages if he or she is unable to work due to illness, is one example.

The maximum limit for such payments is $5,000. Another form of disability insurance that Tesla offers is short-term disability insurance. This allows the company to pay 66.7% of an employee's salary for a limited time, usually 17 weeks.

The weekly limit for payments is $1,000. Thanks to this safety net, workers can rest assured that they will still receive a significant portion of their income if they are unable to work for an extended period due to disability.

2. Discounts on Tesla merchandise and products

Tesla’s company-branded clothing are extremely popular. They sell out in record time when pop-up shops are set up. Employees receive discounts of up to 35%. This is a great opportunity to get good deals on clothing for the whole family.

Merchandise is available for men, women, and children. There are different styles and colors to choose from. The company also offers discounts on other services such as childcare, travel, and entertainment. This is a great way to save money and get Tesla merchandise at the same time.

3. Financial benefits

In addition to the employee discount, Tesla also offers several financial benefits to its employees. These benefits include a 401k plan, stock options, and more.

The 401k plan is a great way to save for retirement. Tesla also offers stock options to its employees. This is a great way to get involved with the company and own a piece of it. Employees can purchase shares at a 15% discounted price twice a year.

Additionally, also, employees qualify for Life Insurance and other perks up to $1,000,000.

4. Unlimited Paid Time Off (PTO)

Tesla is among the few companies to offer an unlimited amount of paid time off (PTO) for employees. This policy has proved effective in attracting younger employees who appreciate the flexibility as well as freedom. Tesla offers its employees the option of discretion if they have to extend their vacation time for personal reasons.

There aren't any penalties for taking a long absence or sick leave, which makes it much easier for workers to be able to take charge of their physical and mental wellness.

New Parents are also entitled to 12 weeks of maternity leave and seven weeks of paternity leave. Tesla is dedicated to the health and well-being of its employees and aims to create a healthy workplace.

5. Top-Notch Training

Tesla is known for its top-notch training programs. Employees receive extensive training in everything from automotive engineering to clean energy solutions. The company also offers a variety of online courses that employees can take at their own pace. In addition, Tesla holds regular in-person training sessions at its corporate headquarters and other locations around the world.

The combination of rigorous training and high standards is what makes Tesla a leader in the automotive and clean energy industries. Employees are constantly learning new things and developing the skills they need to help Tesla achieve its goals. Thanks to its top-notch training programs, Tesla is well on its way to becoming a leading force in the tech industry as well.

6. Health Benefits

Tesla offers its employees a comprehensive health care plan. The plan includes medical, dental, and vision coverage. Employees can also take advantage of a variety of wellness programs. These programs offer discounts on gym memberships, fitness classes, and more.

The company also offers several mental health resources. These resources include counseling services, support groups, and more. Tesla is committed to the health and well-being of its employees.

7. Tesla Bonuses

Tesla also offers to sign bonuses to attract top talent in the sector. According to a Comparably poll, approximately 50 percent of Tesla employees received a signing bonus. The most popular signing bonuses were between $1,000 and $5,000.

The study found that employees with high-performance ratings were more likely to receive larger bonuses. Overall, Tesla is committed to rewarding its employees for their hard work. The company’s bonus program is one of the most generous in the industry.

Final Thoughts: Should You Work at Tesla?

Tesla is a great place to work for many reasons. The company offers tons of benefits that make it an attractive employer. These benefits include a Tesla employee discount, financial benefits, unlimited paid time off, top-notch training, and health benefits.

It is also dedicated to the health and well-being of its employees. The company offers a variety of mental health resources to its employees. Overall, Tesla is a great place to work. Thanks to its generous benefits package, the company is attracting top talent in the industry.

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author: patrick algrim
About the author

Patrick Algrim is a Certified Professional Resume Writer (CPRW), NCDA Certified Career Counselor (CCC), and general career expert. Patrick has completed the NACE Coaching Certification Program (CCP). And has been published as a career expert on Forbes, Glassdoor, American Express, Reader's Digest, LiveCareer, Zety, Yahoo, Recruiter.com, SparkHire, SHRM.org, Process.st, FairyGodBoss, HRCI.org, St. Edwards University, NC State University, IBTimes.com, Thrive Global, TMCnet.com, Work It Daily, Workology, Career Guide, MyPerfectResume, College Career Life, The HR Digest, WorkWise, Career Cast, Elite Staffing, Women in HR, All About Careers, Upstart HR, The Street, Monster, The Ladders, Introvert Whisperer, and many more. Find him on LinkedIn.

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