Musk talks about schedule management: Switching between multiple roles is painful

According to news on May 24, Elon Musk shared in an interview how he manages his schedule and mentioned the troubles caused by switching between roles in different companies.

Musk explained that his daily life is usually very complicated and requires frequent switching between different roles, which makes him feel quite difficult. He solved this problem by habitually dividing his daily work schedule and focusing on one company. However, this arrangement is not always possible for various reasons.

He gave an example, saying that he would focus on Tesla this Tuesday, but he might have to deal with some Twitter work in the evening. On Wednesday, he will spend part of his time on Tesla and another on Twitter; on Thursday, he will split his time between SpaceX and Tesla. Musk describes his job as very complex, with different tasks interconnected, which adds to the challenge of time management.

However, such a complicated situation is not good for Musk’s investment. Tesla shares have lost more than half their value in the two months since he completed his acquisition of Twitter, as investors worry Musk won't be able to devote enough time to Tesla, especially as competition in the electric car market becomes increasingly fierce. in the case of. In addition, some advertisers have also withdrawn from Twitter or suspended advertising on Twitter. Although many advertisers are returning, last March Musk wrote down Twitter's value to $20 billion.

Unlike many other company executives, Musk insists on managing his own schedule himself rather than delegating it to an office manager or administrative assistant. This was confirmed by a former Tesla employee who said he had a part-time assistant to help him manage his work schedule. He emphasized: "It is impossible for others to know what my most important job is." He spends most of his time working, usually until 2 a.m., and then rests.

Regarding the issue of succession, Musk said that he has presented his options to the board of directors "under the worst-case scenario", but emphasized that boards of directors of different companies can also choose different directions. Tesla CFO Zachary Kirkhorn is considered one of the successors backed by Musk.

According to the editor’s understanding, in addition to Tesla and Twitter, Musk is also involved in other companies and organizations. He is a co-founding director and donor of OpenAI, and he has recently been critical of OpenAI's corporate structure and the number of shares it sold to Microsoft. In addition, he also mentioned his own X.ai and Google's DeepMind, expressing his hope to promote the development of X.ai to challenge OpenAI. Musk noted that he was in no rush to announce the plan, but he believed that OpenAI's relationship with Microsoft seemed to be quite good, so X.ai, Twitter and Tesla may have similar cooperation.

Even as Musk has had trouble managing his schedule and considering a successor, he has worked tirelessly to transition roles at different companies and advance multiple projects. Despite some challenges in his investments and company operations, he still manages his schedule personally and is assisted by assistants.

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