Interview with Elon Musk: Only take 2-3 days off a year, say what you like even if you lose money and decide to ‘humble’ to spend money on advertising Tesla cars

Recently, CNBC news agency had an interview with Elon Musk about the questions that many people want to ask about this second-richest billionaire in the world.

Here’s a summary of the CNBC interview:

Loss of 40 billion USD

According to Elon Musk, Twitter has lost $40 billion after two large corporate clients reduced ad spend on the social network after receiving complaints about false advertising. In addition, the Tesla founder also admitted that right after the acquisition of Twitter for $ 44 billion was completed, the company had negative cash flow of $ 3 billion per year while only $ 1 billion in the bank account. .

“My situation at that time was like being transported to an airplane that was headed to the ground when the engine was on fire and the control system was not working,” billionaire Elon Musk admitted.

“Let it go”

In an interview with CNBC, Elon Musk justified his tweets that hurt the reputation of individuals as well as businesses, even eroding his own wealth when Tesla’s stock price was affected. motion.

Controversial posts about investor George Soros or about the mass shooting in Texas have made Elon Musk receive a lot of criticism.

” I’ll say what I like, and if it results in losing money, don’t worry ,” Elon Musk said bluntly.

ChatGPT

Explaining the reason why he gave up OpenAI, the father of ChatGPT, billionaire Elon Musk said that he initially co-founded this startup to create a non-commercial option for artificial intelligence (AI) technology. ) in the context that Google was becoming increasingly monopolistic in this area at the time.

However, this startup has abandoned the roots of that non-commercial ideal to try to find capital to survive and generate profits from AI, thereby accessing Microsoft’s investment.

In addition, Elon Musk also said that he no longer plays with Google co-founder Larry Page.

” The last straw was when Larry called me a racist for advocating the domination of human consciousness over machines ,” Elon Musk stated.

Unethical

True to what everyone speculated about Elon Musk, the second richest billionaire in the world said that he only takes 2-3 days off a year, the rest is to get rich. The Tesla founder works 7 days a week and sleeps only 6 hours a day.

The Tesla boss also said that people who just like to work remotely or at home are “immoral” while other workers, such as factory workers, still have to go to work every day, even sleep at work. company to complete the plan to serve the common goal.

Tesla

In addition, Elon Musk also revealed that Tesla will break the rule since its founding to accept spending money on traditional advertising, which is something this founder still “disdains” to do because he is confident. Electric vehicle products are enough to attract users.

With the traditional car business, spending money on marketing and advertising is obvious to increase sales, but Elon Musk despises them and never spends money on this when Tesla dominates the auto market. electricity at the beginning with a multitude of order needs.

But the entry of new players forced Tesla to lower its selling price to gain market share and start “humbling” to advertise.

“ We’re going to try a bit of advertising and see where it goes… Well worth a try and we’ll see what the results are. I have only agreed to this option, but do not have a specific official strategy ,” said Elon Musk.

Previously, Tesla did not usually spend money on television or traditional advertising agencies. Maybe Elon Musk just posted a few Tweets to talk about Tesla’s event.

Fed

Elon Musk believes that the US Federal Reserve (FED) will slow down the current interest rate hike to shift to easing monetary policy when the economy is gloomy and fearing a crisis, thereby affecting bad for both consumer and business markets.

“ You just imagine that the Fed raising interest rates is like slamming the brakes on the economic car, thereby making everything more expensive. The interest on your car or home loan will cost more in your income, leaving people with less to buy other things , “said Elon Musk.

*Source: CNBC, Bloomberg