Elon Musk controls some companies worth millions of dollars. However, since buying Twitter, its focus has shifted to Twitter. This is reflected in your other businesses. While the effect of Musk’s absence from Tesla is negative, it appears that his absence from SpaceX is creating a positive work environment. According to reports, employees at Elon Musk’s SpaceX said they were relieved that Elon Musk was focusing on Twitter. They claim that his absence brought a calmer work environment.
Several current and former SpaceX employees say they don’t need Musk to watch them every day. They also said that since Musk took over Twitter in late October, the work environment at SpaceX has been very calm. This team also emphasizes that Musk’s primary role at SpaceX should be setting the company’s development goals. Goals like colonizing Mars or helping NASA get humans to the moon again.
There are reports that Musk is involved in SpaceX’s daily operations, which could bring more work to employees. For example, these current and former employees say Musk has already ordered product design changes at will to suit his personal needs. For example, SpaceX employees are being asked to redesign technical hardware from an aesthetic point of view for Musk. It could take weeks. They also add that some of Musk’s requests are causing employees to rethink the product’s features again.
SpaceX Employees Say Elon Musk Could Be a Pain
In December, Musk wrote on Twitter: “I will continue to manage Tesla and SpaceX, but the team there is too good, they usually don’t need me to do that. »
While Musk is away, SpaceX’s day-to-day management is handled by Chief Operating Officer (COO) Gwynne Shotwell. NASA Administrator Bill Nelson said Shotwell assured him that Musk’s focus on Twitter would not affect SpaceX.
Last month, Musk launched a poll on Twitter asking fans if he should step down as CEO of Twitter, and the final poll results also encouraged Musk to do so. Musk said the vote would be honored. The data shows that since October 14 of last year, Musk’s private jet has not flown to SpaceX’s airport near the Texas rocket launch site.
Tesla needs all the attention that Musk has to offer, and it shows in the company’s recent financial statements. The electric car brand is Elon Musk’s main source of cash. Tesla’s poor performance caused Musk to lose more than $200 billion, setting a new world record. Twitter is worth less than 10% of Tesla. In fact, all of Musk’s other big deals combined don’t amount to 50% of Tesla. However, Tesla is a baby who needs a lot of attention. For now, Musk doesn’t pay as much attention to “his baby”.
Over the next few years, more than a dozen new electric vehicles from various brands will arrive in the United States. In addition, Tesla is also facing several lawsuits, mainly related to the Autopilot self-driving system crashing. Although it’s called “full self-driving”, it actually doesn’t have that capability.
Tesla shares have fallen sharply in recent months since Musk announced plans to buy Twitter. This could be a sign that investors are worried. They fear Musk has too much work to do, said Joffe, a professor at Harvard Business School. In 2018, when Tesla faced serious production problems, Musk quickly called in workers to work overtime. He also had to sleep at the factory for a few nights. Joffe believes that if Musk faces this moment now, Tesla will suffer greatly.
SpaceX, Neuralink and The Boring may not need Musk as much
Compared to Tesla, SpaceX and The Boring Company may not need Elon Musk’s physical presence. At SpaceX, Musk is just CEO and chief designer, he doesn’t do serious marketing, deliveries, expansion or building new factories. The situation at SpaceX is almost the same at The Boring Company. So the regular day-to-day operations of these companies will run just fine without Musk. Last year, SpaceX signed a $3 billion contract with NASA. NASA will use SpaceX’s “Starship” rocket to send humans to the moon around 2025. However, SpaceX must take 75 Starship mitigation measures. This is to reduce your environmental impact. Currently, the FAA has not approved the Starship for launch.
Neuralink still needs far less attention from Musk than The Boring Company and SpaceX. It’s a brain-computer interface company. So all Musk has to do is tell the professionals his ideas and they work on them. The Boring Company and Neuralink were founded in 2016. The Boring has prototyped tunnels in Los Angeles and Las Vegas. while Neuralink is dedicated to advanced technology research.
Andy Wu, an assistant professor at Harvard University, believes Musk’s companies follow a typical pattern. It requires large capital investments, bold bets and attractive employees. It also needs investors for a larger and more complex mission. But this acquisition of Twitter still doesn’t fit that model. Musk’s acquisition of Twitter didn’t offer a clear and inspiring engineering goal like Tesla and SpaceX.