this post was submitted on 02 May 2024
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Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan (fortune.com)
submitted 5 months ago by dragontamer to c/realtesla
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[โ€“] Anticorp 10 points 5 months ago (1 children)

They can't even afford to pay the free workers?

[โ€“] [email protected] 4 points 5 months ago

The costs for that intern program was probably $10m if that total. And they were getting to essentially try out future talent for free, risk free, so getting disproportionate value.