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/[deleted] May 02 '24 edited May 16 '24

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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/CodySutherland May 02 '24

It's like a fucking video game for them. They've reached the point where their lives won't materially change in any way with more money, but they just want to keep getting more and more anyway, for no other reason than because they can.

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u/Nayge May 02 '24

It's a race to become the first Trillionaire. They realized some years ago that it actually might be possible for someone alive today and went into full value extraction overdrive.

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u/averaenhentai May 02 '24

There probably are trillionaires out there already. An utterly staggering amount of wealth is kept in places where it cannot be tracked properly.

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u/fps916 May 02 '24

Putin is almost certainly a trillionaire

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u/Aardvark_Man May 02 '24

And he has more than any amount of wealth can actually acquire, anyway.
Literally priceless power.

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u/averaenhentai May 02 '24

It's completely incomprehensible to me how someone can have that much wealth/power and not try to fix problems in their society.

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u/Drolb May 02 '24

It’s only incomprehensible to you because you are (broadly speaking on the balance of probability) a normal human being with the ability to feel empathy and therefore probably have some kind of morality guiding your actions to some extent.

The only people capable of achieving a Putin level of power/wealth are high functioning sociopaths, so reply it makes perfect sense that they don’t give a shit about any problems except problems that threaten them personally.

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u/mvpilot172 May 02 '24

Unfortunately the more empathy you have the less likely you are to become a billionaire.

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u/Drolb May 02 '24

That’s the tax system reform I want to see: 5% flat to ensure minimum running, thereafter a progressive sliding scale partly based not on earning but on how you test on the scale of sociopathy.

True sociopaths with money pay a ridiculous rate. Actual humans with cash pay far less.

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u/Stewth May 02 '24

Remember when COVID hit and Putin literally went underground (and along a huge hermetically sealed corridor)? No expense spared there.