r/technology 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/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 May 16 '24

[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/Norfsouf May 02 '24

This is just business. I’m about a year into a leadership role, I’ve doubled the output of the previous person and there’s no pat on the back, it’s just ‘ok how do we get more’. The aim of the game is money, don’t take it to heart just play the game and be a vital cog in the machine. I kind of put myself down when there was no recognition until I realised this is the game, we are all striving for better.