Business

Elon Musk’s Tesla yanks summer internship offers to students amid massive job cutting

Tesla has reportedly reneged on summer internship of🌠fers it made to college students.

Multiple students described their situat🐻ions in posts on their  this week, .

One of the students identified by the outlet said Tesla informeღd her on Monday via a phone call that she no longer had a summer internship, a development she linked to the workforce and cost-reduction ef🔜forts Tesla recently started.

Tesla said in mid-April it would shed 10% of its 140,4⛦00-person headcount. Roughly 6,000 of those layoffs are hitting workers in Texas ౠand California.

More recently, the EV maker indicated , including much of the Supercharger team, would be laid off in addition to the initial eliminations, The Informa𒆙tion reported.

FOX Business reached out to Tesla for comment𒊎 regarding internship offers and how many it reportedly withdrew, but did not receive a response by the time of publication. 

Another co♔llege student said Wednesday that his offer also got pulled with very little notice, according to Bloomberg.

Elon Musk
Elon Musk’s Tesla said last month it would shed 10% of its 140,400-person headcount. AFP via Getty Images

In a LinkedIn post, he reported that prior to Tesla bac𓆉ktracking on its offer, he had already locked down housing for the internship with the EV maker that he had expected to begin in three weeks.

Tesla’s 💃reported internship offer withdrawalsꦅ came as the academic year is winding down at many universities and many students are gearing up to soon join companies as summer interns.

The Elon Musk-run EV maker typically brings onboard students in the spring, summerꦑ and fall for internships.

Tesla vehicles
More than 6,000 students become Tesla interns each year, per the company’s most recent annual report. Dylan Stewart/Image of Sport/Sip

More than 6,000 students become Tesla i🔴nterns each year, per the cཧompany’s most recent annual report.

Tesla, which has experienced some turbulence in recent weeks, said its planned headcount reductions “will prepare Tesla for our next phase of growth, as we are developing some of the most revolutionary technologies in auto, energy and artificial intelligence” when it disclosed them in a mid-April filing to the Securities and Exchange Commission (SEC).

The company has multiple projects in the pipeline, including new and lower-cost vehicles and a robotaxi

FOX Business’ Breck Dumas contributed to this report.