Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan | Cars & Technology

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Elon Musk’s latest cost-cutting victims: Summer interns.

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. By 11:25am, my internship offer was gone,” wrote Miami University student Joshua Schreiber, who said his start date was three weeks away and that he had already spent “thousands on housing.”

Schreiber, like many other would-be Tesla interns, are getting dangerously close to the end of the school year. 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.

In one instance, a current Tesla employee posted on LinkedIn, asking her own virtual network to step up and nab one of the interns that was meant to start soon at the carmaker. “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…

Source fortune.com

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