Shulou(Shulou.com)11/24 Report--

On the morning of May 24, Beijing time, Elon Musk talked about how he managed his schedule on Tuesday, saying: "my day is long and complicated, involving a lot of role shifts, which is quite painful."

Musk says he usually divides his schedule by day, "focusing on one company a day." However, many times such an arrangement cannot be realized.

For example, Tuesday is "a day for Tesla, but the evening may end with Twitter work". "on Wednesday, part is Tesla, part is Twitter, while Thursday is half SpaceX, half Tesla."

Musk described his work as "somewhat intertwined" and "extremely difficult to manage time".

Such a complex situation is not good for Musk's investment.

Tesla's share price fell by more than half in the two months after its acquisition of Twitter last year as investors worried that Mr Musk would not have more time to focus on Tesla's work in an increasingly competitive electric car market. Advertisers are also fleeing Twitter or suspending ads on Twitter. Musk wrote down the value of Twitter to $20 billion in March, but he now says many advertisers are returning.

Many other company executives ask chief of staff or administrative assistants to help with scheduling, but Musk says he makes his own schedule. He has "a part-time assistant" to help manage the work schedule, which is also confirmed by a former Tesla employee.

"it's impossible for anyone to know what my most important job is," Musk said. " Usually, he works most of the day until 2: 00 in the morning. He usually goes to bed at 2 o'clock.

At Twitter, Mr Musk now plans to switch to the role of executive chairman and head of technology, while Linda Yaccarino, a former advertising executive at NBC, will replace him as chief executive.

Musk was also asked about his successor. "succession is one of the thorniest and oldest issues," he says. since ancient times, this has plagued the country, the king, the prime minister, the president and the chief executives. "

Musk said he had told the board who he would choose as his successor "in the worst case." He stressed that the boards of several companies could also choose different directions on the issue of his successor.

For Tesla, many speculate that Zachary Kirkhorn, chief financial officer, is one of the successors backed by Mr Musk.

There have been media reports that Mr Musk's companies often engage in related party transactions, and he is under pressure to isolate them more clearly from each other.

For example, after acquiring Twitter, Musk authorized dozens of employees of Tesla, SpaceX and Boring to help Twitter. He set up a "transition team" on Twitter to participate in everything from code review to staffing to facility-related decisions.

Musk is also a co-founding director and donor of OpenAI. OpenAI used to be a non-profit organization, but now it has received a large investment from Microsoft. In 2017, OpenAI's financial documents showed that Musk donated about $250000 worth of Tesla cars to the organization, part of a multimillion-dollar donation to OpenAI in his early years.

Recently, Musk has been publicly attacking OpenAI's corporate structure and the number of shares sold to Microsoft. On Tuesday, Musk also talked about his X.ai and Google's DeepMind. He hopes to promote the development of X.ai to challenge OpenAI.

"I don't want to be hasty in announcing this," Mr Musk said. OpenAI seems to have a pretty good relationship with Microsoft, and X.ai, Twitter and Tesla are likely to have similar partnerships. "

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