Tesla Employee Discount: How to Get It and What You Need to Know

Tesla is a well-known automaker that produces electric vehicles. Many people might wonder what benefits the company offers its employees. The Tesla employee discount plan provides workers with a variety of advantages, including discounts on goods, charging stations, full self-driving, apparel, hotel, rental car, amusement parks, flights, mobile phones, and more. Additionally, employees receive other benefits such as perks and insurance.

This guide aims to provide a detailed overview of the benefits that Tesla employees receive. The article will lift the veil on the topic and provide a clear understanding of the advantages that Tesla offers its workers.

7 Tesla Employee Discount Plans to Know About

Tesla offers a variety of discounts to its employees on different products and services. Here are 7 Tesla employee discount plans to know about:

1. Discount on Goods

Tesla employees can get a 35% discount on goods, including merchandise, accessories, and other Tesla products. This discount can be a significant advantage for employees who want to purchase Tesla products at a lower price.

2. Charging Station Discount

Tesla employees can also enjoy discounts on charging stations. This discount can help employees save money on charging their Tesla vehicles, which can be a significant advantage for those who use their vehicles frequently.

3. Full Self-Driving Discount

Tesla offers a feature called full self-driving, which can be expensive for some customers. However, some Tesla employees can get free full self-driving benefits, and others can get a discount on the subscription.

4. Apparel Discount

Tesla employees can also get a 25% discount on all clothing items, including company apparel. This discount can be a great way for employees to show their support for the company while saving money.

5. Hotel Discount

Tesla employees can enjoy discounts on hotels, although the rate of discount is not fixed. This discount can be a significant advantage for employees who travel frequently and need to stay in hotels.

6. Rental Car Discount

Tesla employees can get discounts on rental cars, up to 25%. This discount can be helpful for employees who need to rent a car for work or personal use.

7. Other Discount

Tesla employees can also enjoy discounts on amusement parks, flights, mobile phones, and other platforms. In addition, they can get free software features or upgrades that are not available to the general public. Furthermore, employees can get discounts and leasing benefits when purchasing new Tesla cars.

Tesla offers a range of discounts to its employees, making it an attractive place to work. These discounts can help employees save money on a variety of products and services, including charging stations, apparel, and rental cars. If you are interested in working at Tesla, be sure to check out the Tesla employee purchase program website to learn more about eligibility and access to these discounts.

6 Tesla Employee Perks Plan

Tesla offers its employees a range of benefits and perks that go beyond the standard employee benefits package. Here are some of the perks that Tesla employees can take advantage of:

Perks Details
Free snacks and drinks Tesla employees can enjoy free coffee, granola bars, cereal, water, and soda. Additionally, they get to enjoy free snacks and drinks once a month or so offer launches.
Commuter checks Tesla offers its employees commuter checks to help them navigate transportation costs.
Confidential therapy Tesla offers free confidential therapy from Lyra to employees who feel anxious, stressed, or depressed.
Legal assistance Tesla employees have access to affordable legal assistance.
Social events Tesla offers a range of social events to help employees connect and build relationships.
Gym subscriptions Tesla employees can get free fitness classes by subscribing to gym memberships.

These perks help Tesla employees stay motivated and productive. They also promote employee well-being and work-life balance.

8 Tesla Employee Insurance Plans

Tesla offers its employees a range of insurance plans that they can enroll in. These plans are available in both Base and Premium options, and the premium is deducted from the employee’s paycheck. Below are some of the insurance plans that Tesla employees can enroll in:

  • Health Insurance: Tesla offers health insurance for its employees and their families. The annual deduct amount for a single person is $7,739, and for an employee and their family, it is $22,221.

  • Dental Insurance: Tesla offers dental insurance for its employees and their families. The deduct amount for a single person is $5, and for an employee and their family, it is $18.

  • Vision Insurance: Tesla offers vision insurance for its employees and their families. The deduct amount for a single person is $2.50, and for an employee and their family, it is $8.75.

  • Life Insurance: Tesla offers life insurance with a maximum coverage of $1,000,000.

  • Health Saving Account (HSA) Insurance: Tesla offers HSA insurance for its employees and their families. The annual deduct amount for a single person is $3,650, and for an employee and their family, it is $7,300.

  • Disability Insurance: Tesla offers short-term and long-term disability insurance. The short-term disability insurance provides up to 66.7% of the salary for up to six months.

  • Accidental Insurance: Tesla offers accidental insurance for its employees and their families. The deduct amount for a single person is $3.26, and for an employee and their family, it is $9.53.

  • Mental Health Care Insurance: Tesla offers mental health care insurance that covers up to 20% of the salary per session.

Tesla provides its employees with a range of insurance plans that cater to their needs. The insurance plans offer a range of deductibles and coverage limits, ensuring that employees can choose the plan that best suits them and their families.

5 Tesla Employee Financial & Retirement Plans

Tesla offers several financial and retirement plans to its employees. These plans include a 401k plan, stock purchase plan, performance bonus plan, retirement plan, and pension plan.

The 401k plan allows employees to contribute to their retirement savings while Tesla matches 50% of the initial 6% contribution. The maximum amount Tesla contributes is capped at $3,000 per year.

Tesla’s stock purchase plan allows employees to purchase company stock at a 15% discount of the current stock price.

The performance bonus plan is based on an employee’s performance and hard work and typically ranges from $3,750 to $27,500 per year.

The retirement plan allows employees to save money from their paychecks to retire comfortably.

Finally, Tesla also offers a pension plan to specific employees.

Overall, these financial and retirement plans provide Tesla employees with opportunities to save for their future and invest in the company’s success.

4 Tesla Employee Family & Parenting Plans

Tesla provides a range of family and parenting benefits to its employees. In urgent situations that occur in family life, Tesla allows employees to have some facilities. For instance, Tesla provides 14 – 18 weeks of paid maternity leave and 7 – 11 weeks of paid paternity leave. For family medical leave, Tesla gives 16 weeks of paid leave. Additionally, Tesla gives flexible hours for school or any other commitments. Tesla also allows childcare, dependent care, and other situation leave.

5 Tesla Employee Vacation & Time Off Plan

Tesla offers a comprehensive vacation and time off plan to its employees. The plan includes vacation benefits, paid time off, flexible time off, paid holidays, sick days, and bereavement leave. Employees can take up to 2 weeks of vacation each year. They can also take unlimited paid time off with the approval of their manager. Full-time employees can also opt for flexible time off. Tesla offers at least 10 days of paid holidays per year. Sick employees can take up to 90 days off, including COVID-19 related illnesses. In the unfortunate event of a bereavement, all employees can take time off to grieve the loss of a family member or close friend.

This plan allows employees to take time off for travel, personal reasons, or emergencies. Tesla provides its employees with the flexibility to manage their time off and ensures that they can enjoy a work-life balance.

4 Tesla Employee Professional Support Plans

Tesla offers its employees four professional support plans to help them perform better and receive assistance. These plans include:

  • Job Training: Tesla offers training programs to its employees to enhance their technical skills and knowledge, which helps them perform better and increase their productivity.

  • Diversity Program: Tesla’s diversity program is designed to promote diversity and inclusion in the workplace. It provides employees with the necessary tools and resources to create a more inclusive work environment.

  • Apprenticeship Program: Tesla’s apprenticeship program provides employees with the opportunity to learn and develop new skills through hands-on training and mentorship. This program helps employees grow and advance their careers within the company.

  • Professional Development: Tesla’s professional development program is designed to help employees improve their performance and achieve their career goals. It includes training programs, coaching, and mentoring to help employees develop their skills and knowledge.

These professional support plans are an essential part of Tesla’s engagement and performance strategies. They help employees stay motivated, develop new skills, and achieve their career goals.

Wrap Up

Tesla offers its employees many benefits, including the Tesla employee discount. This discount enables workers to save on various goods and services, such as charging stations, full self-driving, apparel, hotel, rental car, amusement parks, flights, mobile phones, and more. The company also offers competitive salaries, with the average annual salary for Tesla workers being $102,000. Overall, Tesla’s employee benefits package is an attractive incentive for potential employees.

Frequently Asked Questions

How much do Tesla employees save when purchasing a Tesla vehicle?

Tesla employees can save up to $5,000 when purchasing a new Tesla vehicle. The exact discount amount varies depending on the model and location of the employee. It’s important to note that the discount is only available for new vehicles and cannot be combined with any other offers or promotions.

What benefits are included in the Tesla Employee Purchase Program?

In addition to the discount on new Tesla vehicles, the Tesla Employee Purchase Program also includes benefits such as priority access to new products, discounted charging at Tesla Supercharger stations, and a referral program that rewards employees for referring friends and family to purchase a Tesla vehicle.

Are Tesla employees eligible for special leasing programs?

Yes, Tesla employees are eligible for special leasing programs that offer lower monthly payments and reduced down payments. The exact terms and conditions of the leasing programs may vary depending on the location of the employee.

Can friends and family of Tesla employees receive discounts on purchases?

Yes, friends and family of Tesla employees are eligible for a discount on new Tesla vehicles. The discount amount is lower than the employee discount and varies depending on the model and location of the purchaser.

What kind of stock benefits are available to Tesla employees?

Tesla employees are eligible for stock options and restricted stock units (RSUs) as part of their compensation package. The exact amount and terms of the stock benefits may vary depending on the employee’s position and performance.

Do Tesla employees receive any discounts at the company store?

Yes, Tesla employees receive a discount at the company store on Tesla merchandise and apparel. The exact discount amount may vary depending on the location of the store and the item being purchased.

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