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Musk's CEO Challenges

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Musk's CEO Challenges

B
Benzinga

32 Views • May 26, 2023

Description

Elon Musk's acquisition of Twitter in late 2022 for $44 billion made him the CEO of the platform. While he has announced a successor, he continues to serve as the CEO of Tesla and SpaceX. In an interview at The Wall Street Journal's CEO Council Summit, Musk discussed his challenges in managing his schedule. Musk attempts to allocate specific days to each company, but due to overlapping responsibilities, he often has to divide his time among multiple companies within a single day. This demanding schedule has negatively affected his investments, with Tesla's stock value declining and advertisers temporarily suspending their campaigns on Twitter.