A Fix for Tesla’s Troubles? Paying Elon a Cool $56 Billion, Of Course.
by The American Prospect
The American Prospect— Today on TAP: You were thinking they’d invest in better, more affordable cars?
Fortune—Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan. Some of the internships are unpaid, while others reportedly offer $18 to $28 an hour.
Mashable—Tesla's in trouble. Is Elon Musk the problem?. Elon Musk may be living on borrowed time as CEO of Tesla, as the Cybertruck stalls and the stock falls. Why price cuts won't help.
MSNBC—Tesla's Cybertruck recall is par for the costly course for Elon Musk. The Tesla Cybertruck is, for all its sharp angles, a Rorschach test. I saw one in the wild for the first-time last week, the gray behemoth slowly pulling through an intersection in my neighborhood. It drew the reaction its driver likely wanted out of two bystanders, both men, who seemed impressed by the shiny steel chassis. For my part, I could only see a very large pile of money, on wheels and on fire in the hopes of drawing envious glances. There are arguably two arsonists in this metaphor:...