Throughout this week, Tesla employees have been confronted with a series of unsettling developments following a wave of layoffs. The electric vehicle manufacturer is now revoking summer internship offers, mere weeks before the interns were scheduled to commence their roles.
This decision aligns with CEO Elon Musk's efforts to reduce expenses at the struggling company, although Bloomberg suggests that the impact on Tesla's finances might be minimal. Some online listings for these internships advertise hourly rates ranging from $18 to $28, while others offer no compensation at all.
Tesla typically recruits over 3,000 students worldwide for internships annually, pledging to provide them with "meaningful work from day one."
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