When questioned about his recent purchase of Twitter and his role as CEO of the automaker Tesla Inc., billionaire Elon Musk stated on Monday that he was working “at the absolute greatest amount…from sunrise til night, seven days a week” (TSLA.O).
On the sidelines of the G20 summit in Bali, Musk stated through a video link, “I have too much stuff on my plate, that is for sure. Musk is the CEO of both businesses as well as the rocket company SpaceX, the startup for brain chips Neuralink, and the tunnelling company The Boring Company.
He emerged on air, lit by candles, wearing a batik shirt that the organisers had sent, stating that he was speaking from a location that had just lost electricity. Investors in Tesla are concerned that Musk, a self-described “nano manager,” is preoccupied at a crucial time for the largest manufacturer of electric vehicles.
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Musk has been intimately involved in working-level decisions ranging from supply chain concerns to car style. Since he revealed he had purchased a position on Twitter in early April, the value of Tesla’s shares has decreased by half.
The pressure has increased as a result of his Tesla share sales, which included an additional $4 billion last week to bring his Twitter-related transactions to $20 billion.
Musk kept referring to how busy he was when asked about the difficulty of industrial supply chains “decoupling” from China and the dangers posed by Russia’s invasion of Ukraine.
In response to the statement that many Asian business leaders aspired to be the “I’d be careful what you wish for,” Musk said, referring to Elon Musk of the East. How many people would truly want to be me? I’m not sure.
They wish they could be what they see me to be, which is not the same as being me in reality. To be completely honest, I torment myself a lot.”
Musk also mentioned that he wanted Twitter to embrace more and longer-form videos so that content creators could profit from the network, but he made no specific recommendations.
His comments were broadcast live on YouTube by Alphabet Inc. (GOOGL.O). Indonesia has been attempting to negotiate a contract with Tesla over battery investment and perhaps one with SpaceX for the construction of a rocket launch facility.
Despite saying that Indonesia has a significant role to play in the electric vehicle supply chain and that it would be beneficial for SpaceX “long term” to have many launch sites across the world, Musk made no commitments on either of those.
Where Musk was at the Bali event was unclear. According to @ElonJet, a Twitter account that monitors Musk’s Gulfstream G650, his personal plane has remained at Tesla’s headquarters in Austin, Texas, since the weekend.
It’s really strange, I’m just watching this footage,” Musk added. “I’m encircled by candles as I sit here in the dark.”
It’s “simply a question of how long it takes,” Musk continued, adding that he thought the economy would switch to sustainable energy.
So that we may comprehend the nature of the universe and our place within it, he said, space exploration should continue to be a top priority.
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“We may find alien civilizations or learn about old civilizations that date back millions of years, but for now, all we can see are the ruins of former civilizations. That would be rather fascinating, in my opinion “said he.
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