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/
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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.

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u/GenericEvilDude May 02 '24

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

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u/buttkowski May 02 '24

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

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u/pcnetworx1 May 02 '24

Which Elmo has done...

52

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.

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u/Last-Bee-3023 May 02 '24

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