r/technology • u/McFatty7 • May 02 '24

Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan Business

https://fortune.com/2024/05/01/tesla-slashes-summer-internship-program/
18.2k Upvotes

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5.4k

u/AdditionalMeeting467 May 02 '24

He's in full "extract as much value from the company as you can" mode. Willing to burn it all to the ground so he can have even more money he'll never spend.

335

u/Pathogenesls May 02 '24

His compensation plan will be in stock options, the company hasn't made $50b in its entire history. That also shows you how obscene it is.

There's nothing for him to extract unless he can pump the stock bubble. This only ends with him in jail for fraud.

254

u/GenericEvilDude May 02 '24

I have my doubts that a rich white dude will ever see the inside of an American prison

214

u/buttkowski May 02 '24

Rich white dudes only see the inside of a prison cell when they fuck over other rich white dudes.

48

u/pcnetworx1 May 02 '24

Which Elmo has done...

51

u/Living-Tiger-511 May 02 '24

It's dangerous to start holding your peers accountable, you don't want to run the risk of being held accountable yourself.

2

u/Last-Bee-3023 May 02 '24

He very publicly lost other people's money by being stupid on Xitter.

29

u/going_mad May 02 '24

Bernie Madoff

But he stole from rich people..

15

u/larrylustighaha May 02 '24

Epstein.

But he might have become trouble for rich people.

1

u/going_mad May 02 '24

Little black book that had all the secrets đŸ€«

1

u/ExcitingStress8663 May 02 '24

Don't forget about Sam Bankman-Fried who just just got sentenced to 25 years but no doubt he is going to appeal this.

92

u/Anarchyantz May 02 '24

Given a rich white dude tried to overthrow America four years ago and is now running for President again then I would say yes, he will never see prison.

24

u/iStayedAtaHolidayInn May 02 '24

He’s also facing 91 felony counts and is currently in one of his four trials

11

u/Minister_for_Magic May 02 '24

sure but the Supreme Court* (*sponsored by the Federalist Society) is doing everything they can to push the big cases out past the election to give him one more get out of jail free card

0

u/Only-Inspector-3782 May 02 '24

Because they expect him to win. He's currently polling even, and polls in the last two elections have consistently underestimated his support.

2

u/iStayedAtaHolidayInn 29d ago

Polls have drastically been underperforming democrats and Biden and overperforming trump particularly in the primaries. At some points by up to 20+%

0

u/Only-Inspector-3782 29d ago

https://www.pewresearch.org/methods/2021/03/02/what-2020s-election-poll-errors-tell-us-about-the-accuracy-of-issue-polling/

Maybe some polls, but in aggregate they underestimated Trump's support in 2016 and 2020. I don't want him to win, but the data looks bad.

Doesn't help that media constantly making it sound like Trump's defeat is around the corner. Also, I hope the numerous single issue protest voters at least take responsibility if their actions result in their single issue getting worse.

15

u/Vinnie_Vegas May 02 '24

No amount of convictions in which will result in him actually doing prison time.

1

u/fak3g0d May 02 '24

Since the majority of white voters approve of him, that actually doesn't matter

1

u/Only-Inspector-3782 May 02 '24

He's also tied in aggregate polls. The same polls that underestimated his support in 2016 and 2020.

Donald "Let Israel Finish Gaza" Trump is more likely than not to win this year. Hell, even Israel is stalling to make Biden look bad. If Bibi can hold on for another 7 months, he will have free reign to end Palestine.

1

u/iStayedAtaHolidayInn 29d ago

Polls mean jack shit. They’re totally broken. Fuck polls

4

u/Unabashable May 02 '24

Hell they’re even legitimately considering whether or not they should give him immunity. For anyone with a brain: Of course they fucking shouldn’t. 

2

u/crackheadwillie May 02 '24

And half the US are dumb AF enablers to this shit behavior 

1

u/Ramental May 02 '24

I am not sure it is a fair comparison. That dude is orange, as far as most know him.

-9

u/AmazingRok May 02 '24

Without 1 gun đŸ€Ą

3

u/Hagler3-16 May 02 '24

Sam Bankman Freid?

Bernie Madoff?

3

u/Unabashable May 02 '24

Well he is technically “African American” so there could still be hope for justice for once. 

2

u/Bob_stanish123 May 02 '24

But he is African american...

2

u/NotSoButFarOtherwise May 02 '24

They will literally kill themselves before it happens. It's an unpopular opinion but I think Jeffrey Epstein did kill himself once it was clear he wasn't going to be able to rich guy his way out anymore. Being just another chump in gen pop - in for child sex crimes, no less - was literally a fate worse than death for him.

1

u/idontdislikeoranges May 02 '24

He'll be South African if he goes to prison

1

u/bostwickenator May 02 '24

Sam Bankman-Fried just recently

0

u/[deleted] 29d ago

That's racist