![]() Yet what he said on taking ownership of the social media company raised a lot of eyebrows - especially inside Twitter. What he expects from twitter employees, Like most successful CEOs, Musk can be a tough executive and demands maximum effort from his employees. “Even if next year is a very difficult year, we still have the capacity to do $5 billion to $10 billion of buybacks.” “It’s likely that we’ll do something worthwhile buyback,” he told Tesla shareholders. On their relationship to the shareholders, While Musk may shed the cloak of a business oracle and kick it aside so he can don a lab coat, he has a connection to his shareholders. We’re not going to have a portfolio of investments.” So I actually work and design and develop products. “I’m an engineer and a manufacturing person and a technologist. “I’m not Warren Buffett and I’m not an investor,” he said. On his reputation as a Wall Street player, Don’t call Musk a dollar chaser – he won’t like it.Įven though barely an hour passes on Wall Street when Musk’s name pops up among traders, the business tycoon has no interest in centralizing his various business operations under one umbrella company for easier asset management. This is the first time I’ve seen that potential.”Ĭurrently, Tesla’s estimated value is roughly one-third that of Apple and Saudi Aramco, but at a $700 billion valuation, the EV maker is rapidly catching up. “I see a path for Tesla to be almost twice the value of Saudi Aramco. “I see a potential path for Tesla to exceed the combined value of Apple and Saudi Aramco,” he said at Tesla’s most recent shareholder meeting. ![]() He also expects the company’s value to remain in line with some of the biggest names in the business. ![]() On the value of Tesla as a global business, Musk certainly expects big things from Tesla, and not just from an engineering perspective. Love him or hate him, Musk knows how to thumb his nose at the news, as each of these 2022 quotes and comments can attest to. If things are not failing, you are not innovating enough.There’s no doubt about it, his reign at the company has been either chaotic or heretical, depending on where you lean politically. “There’s a silly notion that failure’s not an option at NASA. That will make them happier than pretty much anything else.”Īlso Read: Workout Plan For Beginners: Strengthen Your Cardio With These 5 Easy Exercises At Home “People should pursue what they’re passionate about. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.” “I operate on the physics approach to analysis. These are all things that would have been considered magic a few hundred years ago.” “If you go back a few hundred years, what we take for granted today would seem like magic-being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. “The first step is to establish that something is possible then probability will occur.” As God is my bloody witness, I’m hell-bent on making it work.” You should not give up unless you are forced to give up.” “When something is important enough, you do it even if the odds are not in your favor.”Īlso Read: Korean Skincare Glow: Rice Water And Its Benefits On Skin
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