Explorer

Elon Musk On How Work From Office Saved Tesla From Going Bankrupt

The CEO at Hanover, Chris Hladczuk, shared screenshots of Elon Musk's mail to his employees in which he revealed how he saved Tesla from going bankrupt.

After the pandemic, a number of people have raised their voices to call for a hybrid work culture instead of organisations making it mandatory for employees to return to their offices. However, there is also a set of people, especially leaders in corporate sector who have argued that coming to office is crucial for the business to grow. X owner Elon Musk has also weighed in on the topic.

The CEO at Hanover, Chris Hladczuk, shared screenshots of Elon Musk's two-year-old mail to his employees in which he revealed how he saved Tesla from going bankrupt. 

ALSO READ | Elon Musk To Partner With Google? X Owner's To-And-Fro Conversation With Sundar Pichai Over Willow Chip Hints At Collaboration

How Did Elon Musk Save Tesla From Going Bankrupt?

In the two-year-old mail to his employees, Musk wrote, "Everyone at Tesla is required to spend a minimum of 40 hours in the office per week. Moreover, the office must be where your actual colleagues are located, not some remote pseudo office. If you don't show up, we will assume you have resigned. The more senior you are, the more visible must be your presence."

He added, "That is why I lived in the factory so much - so that those on the line could see me working alongside them. If I had not done that, Tesla would long ago have gone bankrupt. There are of course companies that don't require this, but when was the last time they shipped a great new product? It's been a while. Tesla has and will create and actually manufacture the most exciting and meaningful products of any company on Earth. This will not happen by phoning it in."

While some may not agree with Musk over his beliefs, none can reject his argument blatantly. The tech titan has been known for having extreme views, but at the end of the day, his success has often done a good job at making others respect his opinion, at least, if not accept it.

Top Headlines

Will AI Soon Make UPI Payments For You? NPCI’s Reported Plan Explained
What If ChatGPT Or Gemini Could Make UPI Payments For You?
Your Instagram Photos Could Now Be Turned Into AI Images By Strangers, Thanks To Meta
Your Instagram Photos Could Now Be Turned Into AI Images By Strangers, Thanks To Meta
Truecaller Says TRAI Caller ID Policy Is Backfiring: '51 Million Calls Ignored Daily'
Truecaller Says TRAI Policy Is Backfiring: '51 Million Calls Ignored Daily'
Galaxy Z Fold 8 Leaked Early And Its Passport-Style Design Has People Talking
Galaxy Z Fold 8 Leaked Early And Its Passport-Style Design Has People Talking

Videos

GHAZIABAD RAIN HAVOC: Fallen tree, flooded roads and traffic chaos in Indirapuram
Jammu and Kashmir: Vaishno Devi Yatra Route Hit By Landslide Amid Heavy Rain, Battery Car Service Suspended
GHAZIABAD FLOOD FURY: Roads submerged, trees collapse, vehicles stranded
BREAKING NEWS: Monsoon Fury Grips Delhi-NCR, Roads Turn Into Lakes
Monsoon Crisis Deepens: Flood Alerts in J&K, Mumbai and Delhi-NCR Face Waterlogging

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget