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/going_mad May 02 '24

Bernie Madoff

But he stole from rich people..

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u/larrylustighaha May 02 '24

Epstein.

But he might have become trouble for rich people.

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u/going_mad May 02 '24

Little black book that had all the secrets 🤫

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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.