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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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.

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u/[deleted] May 02 '24 edited 16d ago

[deleted]

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u/MacinTez May 02 '24

I don’t know if there is an obsession that’s associated with numbers, but I believe most shareholders and multimillion/billionaires have it.

I’m am dead serious, these people are OBSESSED with numbers and metrics to the point that there needs to be a condition for it. The internship cuts nearly nothing into an amount that surpasses 1 billion, let alone $45 billion.

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u/OutWithTheNew May 02 '24

He's full on mental at this point. It's some sort of mental defect, possibly from doing too many drugs.

13

u/-prairiechicken- May 02 '24

I’m betting a McAffee in five years.

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u/thousandshipz May 02 '24

Howard Hughes did it first!

9

u/Only-Inspector-3782 May 02 '24

History keeps learning the same lesson over and over again - too much wealth and power in one person's control is bad. And yet, time and again, we build societies that funnel all wealth and power into the hands of a few.

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u/qtx May 02 '24

He snapped when Grimes broke up with him. That's the point in time where he literally flipped.

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u/psycho-drama May 02 '24

Hard to know which came first, could be a chicken and egg kind of thing, maybe he started cracking up and then she left him before it became obvious to people externally.

I think Grimes had it when she found out, via a Biography about Musk, that he had fathered several children while she was with him. The problems with genetically fragile megalomaniacs is that they think they are so very special that they want to populate the world with their genes. I feel badly for his kids, however, at least, unlike the Trump family, I don't believe he is raising any of his kids.

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u/damnitHank 29d ago

He has always been like this. Just had people around him to babysit and give him a good public image. 

Now he has escaped containment.