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Among their recommendations for Tesla's CEO? Delegate, get more sleep and learn to embrace short sellers.
october
9, 2018
6 min read
Elon Musk has had a hell of a year.
Tesla CEO Tesla Crash, billionaire Warren Buffett, short sellers, a British cave diver and the SEC – keeps on growing. His fateful "funding secured" tweet, meant to announce he has been taking Tesla private, resulted in a company board review. And fraud charges filed by the SEC in September 20 million settlements and Musk's relinquishing his role as chairman.
Related: Elon Musk's $ 20 Million Settlement for Fraud Charges Add to an Increasingly Bizarre Year for the Billionaire
"This past year is the most difficult and painful year of my career," he told The New York Times in an August interview. In the conversation, Musk detailed his up to 120-hour work weeks, his 47th birthday on the office, his lack of taken over a friend week off since last week with malaria in 2001.
But in September, the famed entrepreneur took it on – reportedly smoking marijuana while Joe Rogan's podcast. Interview with TMZ, Neil deGrasse Tyson – a self-proclaimed member of "Team Elon" – weighed in on Musk's antics, saying, "Let's get high if he wants to get high," and , "He's the best thing we've had since Thomas Edison."
Everyone seems to have an opinion on how to behave, and powerhouses in media, business and technology have weighed in. Here's a roundup of advice for the famed entrepreneur.
Richard Branson
In an interview with CNBC:
He may need to learn the art of delegation. He's got to find time for himself. He's got to find his family. He's a wonderfully creative person, but he should not be getting very little sleep. He should find a great team of people around him.
"I think the reason that I have had such a life and a long way to go, I can then get involved. But I think that learning the art of delegation would be better.
"Do not feel you have to put your tweets and things about public shareholders. Leave the public to the public game, it obviously does not enjoy it so clear the decks so that you can actually concentrate on the creative side. "
Arianna Huffington
In an open letter to Musk:
"This is not about working hard – you're always going to work hard. It's about working in a way that makes you make your best decisions.
"You've come up against incredible challenges, and you've put them into action by applying the latest science. But at the same time, you're demonstrating a wildly outdated, anti-scientific and horribly inefficient way of using human energy. It's like trying to launch a future with a coal-fired steam engine. It just will not work.
"Elon, the future of Tesla depends on you coming up with your masterpiece. It does not depend on how many hours you're awake. Tesla – and the world – would be better if you would like it to be refueled, reloaded and reconnected with your unique creativity. Working 120-hour weeks does not allow your unique qualities, it wastes them. You can not just be power-driven – that's not our way. Nobody knows better than we can not get to Mars by ignoring the laws of physics. Nor can we get where we want to go in our daily lives. "
Mark Cuban
In an interview with CNBC:
"What I would tell Elon, and I would not know him at all. The beauty of shorts is if you have a good quarter, if you do your job, then they have to buy the stock at some point. I would like to sit down with him and say, 'Look, rather than getting up on shorts, the more people that your stock is out, the better position you have …' I think that's the kind of attitude someone has to get to him. But again, this is a guy who is sleeping in the factory. This is a guy who is pushing, pushing, pushing.
"When it's your baby, it's a lot of times that it's hard to get to where it's going to be. to me talking about the Mavericks.
"Great entrepreneurs, who are so committed to their companies that they are never going to leave – they can take it. They are going to be unique, and they are going to be in the public domain. That's the beauty of why those companies are so amazing and so big. So I would tell shareholders: Be grateful that you have been made to do that. Elon – or to help make Tesla – so successful. "
Related: I Ran My Day Like Elon Musk Runs His – and This Is What Happened
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