Elon Musk Gives Tearful Interview about Overworking Himself and Ambien Use - Sensationalist Headlines

https://money.cnn.com/2018/08/17/news/companies/tesla-stock/index.html Tesla's stock tumbled after CEO Elon Musk said he's working himself to the bone and relies on Ambien to sleep. In an tearful interview with The New York Times, Musk said this has been "the most difficult and painful year" of his career. He said he works 120 hours some weeks and has trouble sleeping. Musk is also CEO of SpaceX and The Boring Company. Investors weren't sympathetic. The stock fell 8% on Friday, and it's down more than 20% since the day Musk tweeted he had secured funding for a private takeover of Tesla (TSLA).

I've lost a lot of respect for him recently given his baffling comments (particularly the pedo one) and apathy towards the well being of his workers (including himself). It would probably do him the world of good to drop his rampant social media presence, reign in his crackpot ideas, focus on stabilising and sustainable growing Tesla, and let the work speak for itself.

Tesla is the second most shorted stock in the world. Powerful people have a $12.2 billion dollar bet that Tesla does badly. With Tesla possibly going private, these people stand to lose everything. They will do anything to make Tesla's stock crash to protect their interests. Elon hasn't done much to help himself with his Twitter announcements, though.

That....explains a lot...

Elon going off the deep end could very well drag Tesla down with him. It's almost undeniable at this point that Tesla's future is uncertain just by looking at the state of Elon, let alone their problems making a profit and ramping up production of their products.

in all fairness, he does have the ability to delegate these things. no ceo or even worker could sustain that.

I would bet money that Elon is a micromanaging control freak, based on how he acts. You're right that he absolutely could and should be delegating most of his tasks. He's doing this to himself really.

Model 3 production issue is mostly behind them. Not to mention analysts saying 30% profit margins on Model 3 is achievable and separate analysts saying 8000 cars a week is possible. Tesla's future with or without Musk is fine. Their structure could be better and there's probably a lot of wiggle room to improve processes and costs savings, but I don't buy that they're doomed at all.

In engineering, the triangle of Safety, Cost, and Time rules above all else. You always gotta pick two. He (and his companies) are seeing the effects of it hit hard now when he's been trying to do all three at both Tesla and SpaceX.

Despite Azealia's persona and knack for warping the truth to suit her needs, this article seems to assert and confirm some of her observations of Musk, namely the funding and drug abuse.

actually considering Tesla's terrible track record of worker safety, I don't think that's the problem

People at SpaceX have described him as "nanomanaging", and that was years ago. You'd win that bet easily. Elon needs to do a few things: 1) Don't try to be active in charity unless it's something you have a special capability in. The cave rescue, okay, maybe your ability to fabricate a prototype that quickly was a unique advantage, but stuff like Flint? If you want to help, write a check and move on. 2) Jesus horsefucking christ, learn to delegate. SpaceX seems to be avoiding drama because you're letting Gwynne Shotwell (an underrated figure IMO) handle all the day-to-day, find someone who can do the same at Tesla. 3) Maybe cut back on the side projects? You're trying to do rockets, cars, solar panels, batteries, hyperloops, tunnels, and preventing Skynet. And I think I missed one. Nobody can actually lead that many efforts - you're either an executive-producer type role, or you're overworked as hell just managing one of them while figureheading the rest. 4) Either use Twitter only for joking around, or only for real business stuff, not both. If you want to keep being the weird guy who makes puns about Roko's Basilisk and reminds people he's technically in the Marvel Cinematic Universe, you can do that. Or if you want to announce major business changes on it, you can do that. But don't do both, because it confuses the fuck out of people. You don't have to be the boring CEO who basically just advertizes his companies - Tesla and SpaceX have their own corporate accounts to do that from. But you can't have it both ways.

Ambien. How many more of our greatest minds will slip to it's insidious embrace?

If only he just smoked weed to sleep like I used to. But them I can't begin to imagine how much crazier his ideas would get.

His company gets federal government contracts. I doubt they would be happy if they learned he or any of SpaceX's employees were smoking weed.

That's why you don't snitch.

Well, Roseanne blamed Ambien for her racism, so there does seem to be a pattern here. Don't do drugs kids, unless they're prescribed by a doctor, despite their addictive properties and being prone to abuse.

To be fair, SpaceX had one more chance at success some time ago or it would fail. I think "nanomanaging" a space company, especially one that is intending to transport people, is kinda necessary.

Neural mesh thing, I think.

https://twitter.com/katienotopoulos/status/1030453586050854913?s=19 God this pisses me off so much I've worked every birthday for the last five years because I don't have the luxury of being an eccentric billionaire, shithead.

if working for 24 hours with no contact with friends or family meant I would become a billionaire ofc I'd do it

All the money in the world doesn't do you any good if you can't spend and enjoy it with people you love.

I meant to specify "working for 24 hours on my birthday" because I'd just schedule the party for after/before that day, but you're not wrong in the slightest.

Did Elon call you a pedo or something

Imagine being an apologist for a billionaire, just lol.

Imagine being so petty that your reason for disliking someone is because they make more money than you.

given how ridiculous the model 3's interior is with the computer controlled door latch on the glovebox and the overly complicated dash vent or the insistence on no dedicated gauges its always been pretty clear he is a micromanager

Jealousy is an unattractive trait

Yes, because him having so much money is the only reason to dislike him.

You don't get the point, majority of low income workers already make pocket change with long ass hours that restrict any kind of social life with said people you love. Seeing a billionaire cry about working so much when there's millions below him making a fraction of a percent while working just as hard if not more is fucking pathetic. I bet you all the money in the world, people in that scenario would trade wages with the man in a heartbeat just so they could definitely afford basic living conditions for themselves and loved ones. Its called humility, something Elon has been lacking with his over inflated ego that could block out the sun.