He has already started doing it.
Elon Musk, who recently bought the social network Twitter, quite rightly began his speech at the G20 summit with arguments that he was working too hard. As the billionaire admitted earlier this week, he worked overnight at the Twitter office in San Francisco the night before, and is going to spend the night in this building until all the company’s pressing problems are resolved, according to Reuters.
Image Source: Reuters
Tesla investors have begun to annoy such enthusiasm for the head of the company for a new project, and already this week Elon Musk will have to answer in court in a lawsuit in which a shareholder demands to challenge the fairness of the payment to the CEO of the automaker in the amount of $ 56 billion. According to the plaintiff, Musk does not get much attention paid Tesla management to deserve similar compensation.
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Musk defended himself this week by saying that he would devote several days to working at Tesla, and not solely focusing on solving Twitter problems. Luckily, Tesla has an office in California so it doesn’t have to travel to Texas, where the automaker’s new headquarters is located. At an investor event this month, Elon Musk expressed confidence that, over time, the Twitter business will be established and will be much easier to manage than SpaceX and Tesla, which he also heads. Regarding the quality of his leadership of Tesla, he also previously stated that there are enough talented people in its staff who will cope with the work even if the billionaire himself is kidnapped by aliens. And yet, since Musk announced his intention to buy Twitter in April, Tesla’s stock price has fallen by 50%. The mood of investors was also worsened by the need for Musk to sell shares of Tesla for a total of $ 20 billion to cover the costs associated with the purchase and operation of Twitter.