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nrfmartin t1_j9cveua wrote

Yea, and they are losing talent because of it. Myself and a few others have jumped ship due to a destroyed stock plan and miniscule raises. I thought they might issue more stock this year to make up for it, but apparently not. Guess I made the right call.

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darwinkh2os t1_j9dq5jr wrote

I've got a bit under a year left of sign-on that pays out monthly before the monthly-take-home cliff. Then I will take home base pay and will have to risk twelve months of work without RSUs to get the year-three RSU pay-out. And that's if I don't get laid off or face a fun set of MBRs and COEs in that interim.

So I'll have this year of still-cash compensation and decide in that year what to do for next year.

It has been very very hard to not think of my current inflated compensation as "salary." But I'll try to lower my expectations again.

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falcorn93 t1_j9dyti5 wrote

I'm fairly certain the vest is every 6 months after year 2, so you get a 20% initial grant vest at years 2.5, 3, 3.5, and 4

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darwinkh2os t1_j9dzn6w wrote

Oh happy days! That actually makes the cliff a bit more manageable for me. I really don't like applying for jobs and so have been dreading it.

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Elliott2 t1_j9fc1sv wrote

didnt your HR lay this out for you. Ive been in talks with tesla, and one of the first things they told me was how the options/RSU vesting works.

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