Tesla does not have a press room. __S.4__
Elon Musk is the CEO of this company and says it doesn’t require one.
He uses Twitter to communicate, much like Donald Trump.
On Friday, Musk was at full Elon Musk Twitter mode.
The Tesla CEO is the subject of a new book. The story goes that Musk reached out and bought the company from Tim Cook in 2016, when Tesla was in serious financial trouble.
According to the story, Elon Musk demanded that he was made Apple CEO as part of the agreement. Tim Cook instructed him to follow his instructions.
Musk did not have a press team to confirm the report so I asked him on Twitter.
It was the follow-up tweet, however that was most revealing.
I do not want to be the CEO of any company.
Elon Musk (@elonmusk).June 30, 2021
Elon Musk made a similar statement last month while giving evidence at court.
He said, “I quite hate it and would rather spend my time designing and engineering.”
He explained why Tesla was his boss, saying, “I must or Tesla will die.
Some investors will be concerned that Musk is constantly stating that he does not want to become CEO. Musk is a visionary and a force of personality that has made Tesla incredibly successful, whether you love him or not.
Tesla is the best-known car manufacturer in the world.
Yet, it’s striking to see that Musk isn’t good enough at running the company.
He’s the boss of Space X – which was in April awarded a contract by NASA to put people onto the moon.
In 2016, he also co-founded The Boring Company, which seeks to revolutionize travel using advances in tunnelling technology. He isn’t CEO, which may be a telling sign.
Musk has the appearance of being trapped. Musk is obviously excited about ideas, innovation and engineering, which are the most exciting parts of starting a business.
The transition from start-up to larger company makes the CEO post a completely different one.
Visionaries included Steve Jobs at Apple, Sergey Brin and Larry Page of Google, Bill Gates of Microsoft.
These CEOs are quite different. Apple’s Tim Cook and Google’s Sundar Paichai are capable leaders. Microsoft’s Satya Nadella is a better example of this. They are not revolutionaries, but they’re still capable leaders.
Elon Musk, on the other side, projects an image as a bold entrepreneur. It’s hard to believe that Musk doesn’t enjoy the tedious administrative work of managing a business.
Tesla shareholders have been suffering from a lot of problems due to Tesla’s CEO.
Shareholders are currently suing him, claiming that the money that was supposed to have been used for carmakers was spent on SolarCity. They claim SolarCity was in dire need of funds.
Musk held a 22% share in SolarCity and Tesla at the time of the agreement.
After tweeting that Tesla was in danger of being taken off the stock exchange and put into private ownership, he decided to resign as Tesla Chairman.
Elon Musk might be second in wealth, but he does not feel free to choose what he likes.
His example is a living reminder that it’s never too rich to stay in a job you do not like.
James Clayton, the BBC’s North America technology reporter is based out of San Francisco. Follow James Clayton on Twitter at @jamesclayton5.
Publited Sat 31 July 2021 at 01:46.12 +0000