The base pay is really good and pretty much beats any FAANG out there (I believe they did it to lure people from FAANG and hence lot of people from Apple work at NIO). But their stocks are peanuts so total comp is pretty much just the base pay. Free food, but the quality went down in recent months for cost cutting. And lesser and lesser snacks/drinks for the same reason too. Work was great too but not anymore due to most projects being transferred to China.
Cons
Its true that the company is going through hard times but that still would have been ok if the US management was honest and great. The Managing Director doesn't know how to talk but still talks for 60 mins every all hands by repeating the same 5 min lecture. The directors were basically Staff Engineers from other EV companies and the VPs were 1st level managers. But once they joined NIO, they got a huge title hike but ended up being clueless as to what and how to manage the organization. Most of them joined NIO to get up the management ladder but in turn screwed up the whole company with their in competencies.
lots of funding
EV is in a good trend at China market and maybe Europe market
flexible working schedule
food is good, gyn onsite, good location
workload very low actually (a bad thing for engineers?)
Cons
most managers do NOT care about product perfection, quality, completeness at all
no much real in-house technology
barely heard about customers importance
lots of pre-retirement people compared to other startups
many incapable managers, knowing very little PMs talking like experts :))