Through a letter addressed to his employees via email, Elon Musk shared a series of tips in order to achieve the total productivity of his company in the face of the challenge of increasing the production of the Tesla Model 3.
Musk is even known to have been sleeping in the Tesla factory to ensure that production of his Model 3 electric car increased.
The CEO of Tesla, the aerospace company SpaceX and the tunnel company The Boring Company, has a lot to do. Visit Elon Musk IQ
Here are Musk’s six tips:
Avoid large meetings
“Excessive meetings are a blight on large companies and almost always get worse over time. Get out of all the big meetings, unless you are sure they are providing value to the entire audience, in which case it is very brief. ”
Also leave frequent meetings.
“Also get rid of frequent meetings, unless it is an extremely urgent matter. The frequency of meetings should decrease rapidly once the urgent matter is resolved. ”
Leave a meeting if you are not contributing
“Exit a meeting or leave a call as soon as it is obvious that you are not adding value. “It is not rude to leave, it is rude to make someone stay and waste time.”
Drop the jargon
“Do not use acronyms or nonsense words for objects, software or processes at Tesla. In general, anything that requires an explanation inhibits communication. We don’t want people to have to memorize a glossary just to function at Tesla. ”
Communicate directly, regardless of hierarchy.
“Communication must travel through the shortest path necessary to get the job done, not through the chain of command. Any manager trying to enforce chain of command communication will soon find himself working elsewhere.
“A major source of problems is poor communication between departments. The way to solve this is to allow the free flow of information between all levels. If, in order to do something between departments, an individual contributor has to talk to his manager, who talks to a director, who at the same time talks to a vice president, who talks to another vice president,… then super silly things will happen. It must be okay for people to speak directly and just make the right thing happen. ”
Follow logic, not rules.
“In general, always choose common sense as your guide. If following a “company rule” is obviously ridiculous in a particular situation, such that it would make a great Dilbert cartoon, then the rule should change.”
The email, obtained by the electric vehicle website Electric and the automobile news and opinion site Jalopnik, also explained to employees that Tesla would halt production for several days to upgrade equipment with the goal of producing 6,000 Model 3 vehicles. per week at the end of June. Its authenticity was confirmed by CNBC.
In 1983, Elon Musk was 12 years of age and he was an extraordinariness among offspring of the time, who didn’t have the energy for processing, which is so normal among today’s. His fixation was to such an extent that he figured out how to program at the mark of manuals, with such achievement that, at a particularly youthful age, he imagined the computer game Blastar and sold it for $ 500.
Accordingly started the man whose polemics and teases with VIP some of the time dominate his visionary height, resolved to divert humanity from earthbound to interplanetary in manners that will change their associations with the main parts of their world: time and reality. distance, as Rolling Stone noticed.
Elon Musk, who toward the finish of 2019 had an individual fortune of near 25,000 million dollars, arrived at 208,000 million dollars this week , as indicated by Bloomberg, affirming himself as the most extravagant man on the planet, in front of Jeff Bezos, organizer and CEO of Amazon. .
The exponential growth of his personal fortune in recent months is due to the growth like foam in the price of the shares of Tesla , his electric mobility company.
Since mid-2020, the automaker’s shares have been driven by the expectations of green businesses. The stock cost $ 312.89 a year ago and this week it hit $ 900. That pushed its stock valuation to $ 800 billion, which for some analysts is exaggerated. When comparing the level of income and profits with the price of the share, experts warn that the capital could only be recovered in 1,600 years.
In 2020, Tesla produced 500,000 units, a figure that contrasts with the nearly nine million vehicles Toyota sold, valued at $ 210 billion. But Tesla’s stock boom has sparked all kinds of rumors, including those that warn of a possible bubble. The truth is that the stock continues to rise while its investors, many young and anti-establishment, maintain an emotional connection with the brand. And with Elon Musk.
There are those who compare this devotion to a religion that idolizes the personality of its controversial leader and founder . That helps stocks continue to rise, even though neither their earnings nor their output justify their high prices. Visit EV Brands vs TESLA
But Tesla isn’t Musk’s only millionaire business. Other futuristic investments attract, like Hyperloop, a model of transport through capsules; The Boring Company, specialized in excavation and infrastructure, and the latest is Neuralink, which seeks to connect the human brain with a computer through an implanted chip. These have earned him a good reputation as an innovative and environmentally-conscious mogul.
Before insatiable ambition made him the wealthiest man on the planet, childhood in his native Pretoria, South Africa, was sad. “I was raised by books before my parents,” he has said in several interviews, referring to the fact that he hardly ever saw them.