He reportedly broke down multiple times during the emotional interview as he admitted his responsibilities were taking a personal toll.
“This past year has been the most difficult and painful year of my career,” he said. “It was excruciating."
By early Friday afternoon, Tesla’s shares had fallen over 8%, wiping about $4bn off the company’s value.
Musk, whose company posted a record $709.6m net loss in the first quarter of this year while struggling to manufacture large numbers of its Model 3 mass-market electric car, said he had been working up to 120 hours a week and his health had been “not great”. He said his friends had been worried about him.
Musk said there were times he didn’t leave the factory for three or four days at a time and days when he didn’t go outside.
He said he spent the entire 24 hours of his 47th birthday in June at work and flew directly to his brother’s wedding, where he was due to be best man, from work, arriving two hours before the ceremony and leaving immediately afterwards.
It has also been reported that Tesla executives are increasingly worried about Musk's reliance on Ambien to help him sleep and its possible effects on late-night Twitter sessions.
Various episodes of bizarre behaviour have provoked a string of headlines and led to growing concerns about the billionaire's stability and the turmoil in Tesla’s share price as markets responded to his outbursts.
He recently berated analysts for asking boring questions during an earnings conference call, accused a British diver who helped rescue a Thai football team trapped underground of being a paedophile, and last week published a tweet claiming he had secured funding to take Tesla private, sparking a rollercoaster ride for shareholders that is now under investigation by the Securities and Exchange Commission.
Mr Musk has long delighted in his reputation as one of Silicon Valley’s brashest entrepreneurs but admitted exhaustion was taking its toll.
“It’s not been great, actually,” he said. “I’ve had friends come by who are really concerned.”
Tesla is also being sued by several investors after Musk' surprise (and completely fantastic as it turns out,)announcement that he planned to take the company private, following his failure to progess from a niche business making overpriced, pimped up mobility scooters for Hollywood liberals with more money than sense into a major car maker competing with Mercedes, BMW, VW Audi, Land Rover Jaguar and Lexus
The Robotification Of Human Society Is being Implemented
Are you ready to surrender your humanity to science, accept having computer chips implanted in your skull that will link your brain to the internet (via a Google server) and let your life be controlled by machines? That's what The Controllers are planning for you ...
Internet Access As A Human Right?A survey carried out by the BBC found a majority of people around the world believe internet access should be a basic human right. We suspect a bit of statistical rigging because the majority of people in the world live below the poverty line and probably have more urgent priorities than surfing the net.
Is The Internet Making Us All Stupid.The more gullible and wide eyed among academics like to burble ecstatically about how the internet has ushered in a new age of creativity. We have to wonder just how much time these self styled experts have spent surfing scial networking sites
Web Induced DementiaIn most civilised societies there are laws governing what outrageous claims advertisers can make for their products. This does not apply on the web it seems, where 'revolutionary new world changing technology' means 'not fit for purpose'
Is Technology Creating Physical and Psychological Hazards In The Digital Age?
Scientific research used to be the area of work that trailblazers, those with an unquenchable desire for new experience and a hyperactive sense of adventure wanted to be involved in. Now those who label themselves 'scientists' seem to have become the high priests of an ultra - conservative religion, determined at all costs to block progess that may lead to understanding that the dogmas of the past are just wrong
The Mummers: The Controlling system And The Illusion Of Freedom
We live in a world of deception, where truth is an ephemeral thing, slippery as an eel and shadowy as a spectre. What we are expercted to perceive as reality is just spin and misinformation designed to ensure the elite maintain their control. There's eff all you can do just get on with your life, say the shills
for big government and authoritarianism. But are we really nothing more than slaves of the system?
Google's Brave New World Of Artificial Intelligence - And The Destruction Humanity
Almost every day we hear scientists burbling about artificial intelligence and how very soon machines will be smarter than humans. As scientists are nowhere near as smart as humans its hard to see how science can build something smarter. The problem is of course we don't understand what contsitutes intelligence - those who think academic qualifications are the only indicator are retards. So where will this madness to replace us with machines end?
Don't be Evil, Google Will Do It For You
Google have abandoned their "Don't Be Evil motto. Good thing really, they are becoming more evil every day. The latest plans to integrate our brains with their servers may seem like a science fiction freaks wet dream, but these creepy nerds are serious ...
You Get What You Deserve.
Anti - Social Networking
Internet technology
New World Order menu
Living Within The Conspiracy
Humanitas
Health Menu
New World Order menu
Living Within The Conspiracy
Humanitas
No comments:
Post a Comment