What are the responsibilities and job description for the Renewable Origination Lead position at Tesla Motors, Inc.?
Tesla is seeking a Renewable Energy Origination Lead to join its Corporate Development team to originate, negotiate, and execute the purchase of renewable energy across all global markets where Tesla is active. The scope for this position is global and the preferred location for this position is in Tesla's office in Austin, though other office locations may be considered for the right candidate.
The Origination Lead will be expected to lead commercial negotiations, develop fundamental models of industry trends, interface with renewable energy developers, and communicate with internal and external stakeholders to execute on a company-wide renewable energy strategy. The role is highly dynamic, and growth opportunities include global engagement, complex deal negotiation, and strategic partnership development.
What You'll Do
- Lead origination, commercial negotiation, and execution of renewable energy Power Purchase Agreements (PPAs) across North America, Europe, and Asia
- Develop and execute global offtake strategies aligned with Tesla's sustainability targets, including budget, approvals, and stakeholder education
- Provide detailed fundamental market analysis to support energy procurement decisions
- Develop expert local market knowledge on energy markets, including supply and demand dynamics and energy pricing
- Partner with internal automation teams to streamline portfolio management functions.
- Report on the financial performance of our Renewable Energy PPA Portfolio identifying impacts to business units
- Own PPA portfolio management activities, including financial settlements and tracking/retiring Renewable Energy Credits (RECs) across the global portfolio
- Collaborate with finance, legal, sustainability, accounting, and business teams
What You'll Bring
- Fundamental understanding of global energy trends impacting renewable energy markets
- 5-10 years of utility-scale renewable energy origination, PPA negotiation, or related experience in energy markets, investment banking, or consulting
- Advanced knowledge of PPA structures, Renewable Energy Credits, capacity/Resource Adequacy products, and corporate offtake
- Comfort with ambiguity and a first-principles approach to solving complex market problems
- Strong understanding of wholesale electricity market dynamics, project economics, financial modeling, and the interplay between offtake terms and project returns
- Excellent negotiation and communication skills
Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:
- Medical plans > plan options with $0 payroll deduction
- Family-building, fertility, adoption and surrogacy benefits
- Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
- Company Paid (Health Savings Accounts) HSA Contribution when enrolled in the High-Deductible medical plan with HSA
- Healthcare and Dependent Care Flexible Spending Accounts (FSA)
- 401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
- Company paid Basic Life, AD&D
- Short-term and long-term disability insurance (90 day waiting period)
- Employee Assistance Program
- Sick and Vacation time (Flex time for salary positions, Accrued hours for Hourly positions), and Paid Holidays
- Back-up childcare and parenting support resources
- Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
- Weight Loss and Tobacco Cessation Programs
- Tesla Babies program
- Commuter benefits
- Employee discounts and perks program
Tesla is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state or local laws.