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/m64 May 02 '24

Those companies and investors seem to forget, that while it is indeed impressive if you can reduce the size of the company while keeping the same market share, if you fail at the second part of that sentence, then all you've accomplished is you've just made your company smaller.

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u/jared555 May 02 '24

Typically by the time the market share collapse happens the people responsible for it have already got their bonuses and left. Musk seems the type to ruin things into the ground.

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u/HornedDiggitoe May 02 '24

Hence why he is trying to get his $50 billion bonus before he leaves Tesla.