T

Tesla

Makes electric cars, robotaxis and grid batteries

Energy Engineering Intern - Cost Reduction

Spring 2027
No salary listed
Internship
Bachelor's
Palo Alto, CA, USA
In PersonOn-site, full-time work is required for most internships.
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • Currently pursuing a degree in Energy Systems, Industrial Engineering, Systems Engineering, Business Analytics, or a related field.
  • Strong analytical and quantitative skills, with comfort working with large datasets to extract actionable insights.
  • Proficiency in Excel for financial modeling; experience with Python and SQL for data analysis and automation.
  • Ability to communicate complex analysis clearly in written and verbal recommendations for technical and non-technical audiences.
  • Ability to manage multiple workstreams simultaneously in a fast-paced environment.
Responsibilities
  • Run rate optimization analyses across thousands of Supercharger sites, identify savings opportunities, benchmark tariff structures, and translate findings into a scalable global strategy.
  • Identify eligible sites for government-sponsored fuel credit programs, track enrollment status, and quantify financial impact.
  • Analyze solar and battery storage projects at Supercharger sites by modeling potential bill savings, demand charge reduction, and payback periods to prioritize deployment.
  • Build and maintain dashboards and automated reporting tools to monitor energy costs, credit program performance, and savings against targets.
  • Research, identify, and track governmental grant and incentive programs relevant to electric vehicle charging infrastructure, including National Electric Vehicle Infrastructure, Inflation Reduction Act tax credits, and state-level request for proposal programs.
  • Assist in preparing competitive grant applications and request for proposal responses, coordinating inputs across Engineering, Finance, Policy, and Construction teams.
  • Develop financial models to quantify the net cost impact of incentive programs on Supercharger site builds and prioritize applications by expected value.
  • Maintain an internal knowledge base of program requirements, deadlines, and application outcomes to improve future submission quality and speed.
  • Partner with Finance, Policy, Deployment, and Site Operations teams to gather data, align priorities, and drive initiatives forward.
  • Present findings and recommendations to senior stakeholders in a clear, data-driven manner.
  • Identify process improvements and automation opportunities to scale the team's analytical capabilities.
Desired Qualifications
  • Interest in energy, clean technology, electric vehicle infrastructure, or sustainability.
  • Prior experience or coursework in utility rate analysis, energy economics, project finance, or government grants and policy.

About the company

Tesla makes electric cars and batteries that store power for homes and utilities, and it develops self-driving software and humanoid robots. In 2023, its Model Y became the first electric vehicle to rank as the world's best-selling car. Buyers order the Model 3 sedan, Model Y SUV, or Cybertruck pickup directly from Tesla instead of through dealers, and they charge on its Supercharger fast-charging network. It also sells Megapack and Powerwall batteries, runs a robotaxi service, and charges drivers a monthly fee for self-driving software that still needs their supervision. Tesla was founded in 2003, with Elon Musk as its lead early investor and a recognized co-founder, and it is based in Austin, Texas.

Company Size

10,001+

Company Stage

IPO

Headquarters

Austin, Texas

Founded

2003

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Simplify's Take

What believers are saying

  • Sales are growing again: revenue rose 26% to $28.2 billion in the June 2026 quarter, after falling 3% in 2025.
  • Software adds income beyond cars: paid users of its supervised self-driving feature rose 56% to 1.48 million by June 2026.
  • Hiring is back: Tesla's headcount grew 7% to 134,785 by December 2025, after layoffs shrank it 11% in 2024.

What critics are saying

  • Growth isn't reaching profit: operating profit fell 57% to $398 million in the June 2026 quarter, a 1.4% margin.
  • Alphabet's Waymo is far ahead in robotaxis: Texas records in May 2026 listed 577 Waymo vehicles to Tesla's 42.
  • Stock grants have lost value: Tesla shares fell 17% in 2026 through October 8, after a December 2025 record.

What makes Tesla unique

  • Energy storage punches above its weight: Tesla's energy unit made 13% of 2025 sales but 22% of gross profit.
  • Tesla set the charging standard: Ford, GM and all major EV sellers in North America adopted its plug by 2024.
  • Robots are written into Musk's pay: his 2025 award sets goals of 1 million humanoid robots and 1 million robotaxis.

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Benefits

  • Remote Work Options
  • Flexible Work Hours

Growth & Insights and Company News

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The Hindu BusinessLine
Oct 27th, 2026
Tesla nears 1,000 India registrations in 2026 as parent injects $10.2M in equity

Tesla is close to 1,000 vehicle registrations in India this year, with 990 recorded between January 1 and October 26, according to Vahan data compiled by Flash Finance. That is about 72% of Mercedes-Benz's 1,369 electric car registrations and a quarter of BMW's 4,014. In October alone, Tesla registered 220 cars through October 26, ahead of Mercedes-Benz's 47 but behind BMW's 349. Tesla's overseas shareholders put about ₹86 crore of fresh equity into its Indian unit in FY26, lifting equity capital from ₹50 crore to about ₹136 crore. The unit's net profit rose to ₹5.16 crore from ₹55.49 lakh, while revenue reached ₹247.31 crore. The Model Y now starts at ₹50.89 lakh after a ₹9 lakh price cut.

Yahoo Finance
Oct 27th, 2026
Tesla's stock pay hits $4.3B, topping $3.22B profit for the first time in five years

Tesla's stock-based pay exceeded its profit over the twelve months to September 30 for the first time in five years. The automaker booked $4.3 billion of stock pay against net income of $3.22 billion, down from $5.08 billion a year earlier. In the September quarter, net income fell to $0.787 billion from $1.37 billion, while stock pay rose to $1.17 billion from $0.663 billion. Revenue held at $28.0 billion, and gross margin rose to 19.6% from 18.0%. Operating income dropped to $0.718 billion from $1.86 billion as costs grew. The balance sheet is steady, with net cash of $28.8 billion. Tesla expects about $20 billion in capital spending for 2026 and does not plan to draw on its new $30 billion of borrowing capacity this year.

Yahoo Finance
Oct 26th, 2026
Tesla shares jump 5.34% to $392.09 as Barclays raises target to $450

Tesla shares rose 5.34% to $392.09 in Monday's regular session after Barclays upgraded the stock and raised its price target to $450 from $370, Barron's reported. That implies about 14.8% upside from the new price. In its third quarter, Tesla reported revenue of about $28.0 billion. Automotive revenue fell 3% to about $20.6 billion, while capital spending reached roughly $4.7 billion. The company's filing puts expected 2026 capital expenditure above $20 billion, covering computing infrastructure, manufacturing and research facilities. The shares trade 11.51% above the $351.62 GF Value estimate. Investors now want proof that vehicle sales, autonomy revenue and manufacturing efficiency can generate enough cash to fund that spending.

Yahoo Finance
Oct 26th, 2026
Tesla's AI push wins Wall Street support as BNP Paribas lifts target to $420 from $266

Tesla beat Wall Street forecasts in the third quarter, earning $0.48 per share against the Zacks consensus estimate of $0.43. Revenue was $28.05 billion, compared with an average estimate of $27.90 billion. BNP Paribas upgraded the stock to Neutral from Underperform and raised its price target to $420 from $266. Canaccord lifted its target to $442 from $410 and kept its Buy rating, citing Tesla's long-term potential in AI, connectivity, and physical technologies. Bank of America reaffirmed its Buy rating and $460 target, pointing to wider acceptance of self-driving software, robotaxi growth, and the early ramp-up of Optimus. BNP Paribas also said a potential merger with SpaceX has become a significant value consideration. Investors still question execution, as Tesla keeps spending heavily and much of the upside depends on businesses beyond vehicle sales.

Ars Technica
Oct 26th, 2026
Tesla cedes EV crown to chase autonomy, pushing rivals from GM to Volvo to follow

Tesla's push into autonomy is forcing traditional carmakers to rethink their strategies, as electric vehicles with similar ranges and prices proliferate. General Motors last year hired former Tesla executive Sterling Anderson to oversee product development, with a mandate to build fully autonomous personal cars. BMW and Mercedes-Benz have partnered with Qualcomm and Nvidia on "Level 2 plus" driver assistance, which needs a human to monitor the road. Volvo Cars chief executive Håkan Samuelsson said Tesla is "probably leading the development in the West." He said Volvo and Nvidia will deliver door-to-door automated cars soon. Igal Raichelgauz, chief executive of Autobrains, said carmakers want subscription models built on eyes-off technology to create new revenue. Xpeng, Hyundai, and Toyota are expanding into robotics, while GM and Ford pursue energy storage.