Now Musk is throwing cold water on it, saying that “no contract” has been signed. Last week, Hertz announced plans to buy 100,000 Tesla’s, a blockbuster deal that included Tom Brady ads and the fact that Hertz will be paying full price for the vehicles. He told the head of the United Nations World Food Programme he would donate US$6 billion to fight world hunger, if the WFP open sourced the accounting on their spending. He’s taken an increasing number of potshots at President Joe Biden that sound like they are Republican Party talking points. He mocked Jeff Bezos with a Number 2 medal as the gap between their wealth grew. Most entrepreneurs flying at Musk’s level would take the win, think about their succession plans and start turning their focus more squarely to their philanthropy.īut Musk is newly emboldened, and his juvenile swipes on Twitter are reaching new heights. In Tesla’s home state of California - until the company moves its headquarters to Austin, that is - zero emission vehicles now account for 11 per cent of new car sales. His personal fortune has skyrocketed as the world increasingly embraces electric vehicles and human spaceflight alike. He owns roughly 20 per cent of Tesla and about half of SpaceX. With a net worth well over US$300 billion, Musk is the richest person ever. Musk now appears to be entering his own potentially dangerous Icarus phase.
In Greek mythology, Icarus ignores his father’s warnings and flies too high, causing his wax wings to melt. Flying under the radar - instead of too close to the sun - was a survival strategy at the company. among executives: get too close to chief executive officer Elon Musk, and you’ll get burned.
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