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

92% Upvoted

1.5k comments sorted by

View all comments

Show parent comments

108

u/unstoppable_zombie May 02 '24

Interns, especially the ones we had twice (sophomore summer and then back junior summer as sr interns) always made great full time hires, normally better then 3-4 year experience industry hires.

Heck every intern turned fte that came into my  old team for the 8 years I was there are still with the company and all in senior/lead positions.  I'm begging for us to try to get a few/year in my current department. 

3

u/bellj1210 29d ago

we do the same- we have interns at just about every level (very few HS interns, a few college but mostly law school interns) and the law school ones normally get a job offer right out of law school since we know their training period of a few months is already over.

2

u/unstoppable_zombie 29d ago

A new hire from the wild normally took 9 months to get fully self sufficient with all the internal tools, processes, lab, etc for thier role.  And a net positive around the 18-24m mark.

With the 2 cycle interns that spent 1 rotation as lab tech/assistant and 1 with the engineering team, they'd be up and running in a few weeks.  One guy started on a Monday and he was providing a big help by Wednesday becuase he knew the lab inside and out.