As Musk fights to save his pay plan, he has slashed his summer internship program

GameSpot

Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in.
“At 8:46am, I opened a Tesla email for flight info.
They say the surprise calls from Tesla informing students that their offers no longer stand have left them without a lot of time to find replacement gigs for the summer.
“Please make our loss your gain!” wrote Diana Rosenberg, who works in battery supply at Tesla, according to her profile.
Rosenberg blamed the decision to rescind the intern offer on the massive layoffs unfolding at the carmaker.
Most of the company’s 500-person Supercharger division and its newly formed marketing division have been axed, Bloomberg News has reported.
People familiar with Musk’s thinking have said the billionaire is determined to cut head count amid sagging electric vehicle sales and big expenditures for his Robotaxi dreams.
Revoking intern offers isn’t likely to save Tesla much money.

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Tesla Co. is withdrawing offers just weeks before internships were scheduled to begin, which has led prospective workers to post a request on LinkedIn for other companies to consider them.

I checked my Tesla email at 8:46 a.m. to find out flight information. With three weeks to go until his start date and thousands of dollars already spent on housing, Joshua Schreiber, a Miami University student, wrote, “By 11:25am, my internship offer was gone.”. “.

Schreiber is drawing dangerously near to the end of the school year, much like a lot of other prospective Tesla interns. They claim that they don’t have much time to find summer employment because of Tesla’s unexpected phone calls informing students that their offers are no longer valid.

In one case, a current Tesla employee asked her virtual network on LinkedIn to step up and recruit one of the interns scheduled to start work at the carmaker shortly. Diana Rosenberg, who works in battery supply at Tesla, wrote, “Please make our loss your gain!” according to her profile.

Rosenberg blamed the decision to rescind the intern offer on the massive layoffs unfolding at the carmaker.

In a statement released earlier this month, Musk stated that Tesla had “made the difficult decision to reduce our headcount by more than 10% globally.”. Since then, as Musk has pushed for more cuts, a number of executives have left the company. According to Bloomberg News, the company has eliminated the majority of its 500-person Supercharger division and its recently established marketing division.

The billionaire is keen to reduce staff in light of declining sales of electric vehicles and significant costs associated with his Robotaxi ambitions, according to people familiar with Musk’s thinking. They claim that Musk wants to cut by twenty percent, according to Bloomberg.

Removing internship offers won’t likely result in significant financial savings for Tesla. Although paid internships at the automaker typically pay $18 to $28 per hour, at least one of the posts was for an unpaid position, according to Glassdoor data.

However, the choices made will affect the company’s hiring process: as per the company’s most recent Impact Report, over 3,000 college and university students from all over the world are hired for Tesla internships each year. The company’s internship website states, “Perform meaningful work from day one.”.

For the students, the move has also taught them a sobering lesson about life.

Brook Gura, a communications student at the University of Texas at Austin, wrote, “Rejection is redirection.” She claimed to have received a call three weeks prior to her start date informing her that her offer had been withdrawn due to the company’s widespread layoffs. “Although I am terribly sad that my planned summer will not happen, I am confident that this experience will only make me a better professional. “.

Rosenberg, Gura, and Schreiber declined to comment on anything other than their posts. A request for comment from Musk was not answered.

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