Elon Musk Confesses He Works 120 Hours a Week, Takes Sleeping Pills

Ad

TruckzIndia

How TruckzIndia is revolutionizing the Logistics industry

According to ICRA, the logistics industry in India is expected to grow at 8-10 per cent over the medium term. For the last five years, the industry witnessed a 7.8 CAGR and is currently...

Ad

What Does it Take to Open a Seafood Restaurant

Everyone loves eating fresh fish, but it takes a special devotee to want to open his/her own seafood restaurant. While there are plenty of challenges along the way, the truth is that with a...

According to a report in The New York Times, electric car manufacturer Tesla is looking for a COO or other number 2 executives to work directly under Elon Musk following the concerns over his recent erratic behaviour.

Elon said the Times in an interview that the Tesla earlier approached Facebook’s Sheryl Sandberg about two years ago for the job, but says “there is no active search right now as far as I am aware.”

Board members are reportedly worried over Elon’s recent chaotic announcements on Twitter, in particular, from the spontaneous exploits of a plan to take Tesla private to the ugly public spats with analysts and cave divers.

The board is also angered and concerned with Musk’s heavy workload and use of sleeping pills (Ambien) and is seeking to help him take some pressure off with new hires.

“It is often a choice of no sleep or Ambien.” Musk tells the Times.

Musk admits working up to 120-hours in a week, sometimes working in the factory for continuous three or four days at a time. He blames short-selling investors for much of his stress and accusing them of desperately pushing a narrative that will destroy the company’s future. He admits taking Ambien to help him with his insomnia.

“It is often a choice of no sleep or Ambien”

While some board members doubt that Ambien is helping him to fuel late-night Twitter announcements. But Musk says that he has no plans to abandon Twitter, nor does he regrets any of his tweets.

The Times reported that NASDAQ paused trading 80 minutes after the tweet with Tesla’s shares up 7 per cent, and the stock finished the day with an 11 per cent gain.

However, the funding was not quite as secure as Musk announced. He says he was referring to a Saudi Arabian government investment, but sources report there was no hard commitment to provide the money.

SpaceX, Elon’s other company, was also apparently considered as a means to fund the privatization of Tesla.

The Securities Exchange Committee questioned Tesla the day after Elon’s tweet and has served the board and Musk with subpoenas as the investigations continue. Musk says he didn’t get any negative comments from the board.

“If you have anyone who can do a better job, please let me know,” Musk concludes in the interview. “They can have the job. Is there someone who can do the job better? They can have the reins right now.”

We all know that Elon is impulsive, but he is a leader. He cried on Live Television without hesitation and now he is willing to do almost anything to keep his company and dreams alive. What do you think of him? Tell us in comments.

So, what are your thoughts on this story?
Tell us in the comments.

Boost Your Knowledge. Subscribe & Learn Everything about the Indian Startup Ecosystem

Mohan Ravi
Mohan is the correspondent for General category that includes trending news, interesting stories and all other news related to startups, entrepreneurship and business. He has been writing for more than 11 years now.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Download Nulled WordPress Themes
Download Best WordPress Themes Free Download
Download Premium WordPress Themes Free
Download WordPress Themes Free
free download udemy course
download samsung firmware
Download WordPress Themes

Receive Daily Funding Updates

SUBSCRIBE
Close

WANNA SUBSCRIBE

GET DAILY UPDATES ABOUT THE STARTUP ECOSYSTEM
I AM IN
* Terms & Conditions Apply
close-link