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

Instagram Not Working? App Is Currently Facing An Outage
Instagram Not Working? App Is Currently Facing An Outage
You Could Get The iPhone 16 Pro For Under Rs 50,000: Here's How
You Could Get The iPhone 16 Pro For Under Rs 50,000: Here's How
How To Watch IPL 2026 At Just Rs 44
How To Watch IPL 2026 At Just Rs 44
Vivo V70 5G vs Oppo Reno 15 5G: Which One Should You Actually Put Your Money On?
Vivo V70 5G vs Oppo Reno 15 5G: Which One Should You Actually Put Your Money On?

Videos

Breaking Update: US-Iran Talks Collapse; Middle East Conflict Escalates, Civilian Targets Hit
Breaking Update: Iran Strikes Iraq and Israel with Drones & Missiles, Escalating Middle East Conflict
Breaking Update: Iran Claims Multiple US F-35 Strikes Amid Rising Middle East Missile Tensions
War Alert: Iran Claims Two U.S. F-35 Fighter Jets Shot Down Amid Escalating Middle East Conflict
Middle East conflict: Iran, Oman Launch Joint Protocol for Strait of Hormuz Amid Rising Middle East Tensions

Photo Gallery

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