A Quote by Elon Musk
I wish we could be private with Tesla. It actually makes us less efficient to be a public company.
Related Quotes
[Nikola] Tesla is great! Tesla I actually deal with - I have this thing called the Cop Stopper that deals with Tesla's technology. It's like a Pokémon ball and you push the button.
I wish we could go back to the time when the private lives of our public figures were relevant only if they directly affected their public responsibilities.
It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.
We conventionally divide space into private and public realms, and we know these legal distinctions very well because we've become experts at protecting our private property and private space. But we're less attuned to the nuances of the public.
The change is radical it gives us new natures, it makes us love what we hated and hate what we loved, it sets us in a new road; it makes our habits different, it makes our thoughts different, it makes us different in private, and different in public.
There are certainly valid reasons for taking a company private, and it's also possible that C.E.O.s perform better when monitored by a small number of owners in a private company rather than by the dispersed and often uninterested shareholders of a public corporation.
Do I regret taking the company public? Yes and no. Yes, because it put us under enormous pressure for a young company to go public at that point in its history, something you never could have done in the old days.
The US economy, because it's so energy wasteful, is much less efficient than either the European or Japanese economies. It takes us twice as much energy to produce a unit of GDP as it does in Europe and Japan. So, we're fundamentally less efficient and therefore less competitive, and the sooner we begin to tighten up, the better it will be for our economy and society.
I care very deeply about the people at Tesla. I feel like I have a great debt to the people of Tesla who are making the company successful.
VMWare, as you know, remains a public company, and Secure Works is also a public company. And it's possible in the future that within the group, we could have other public companies.
Economics now drives politics. This gives us a system in which the relationship between power and politics is no longer fused. Power is global. We have an elite that now floats in global flows. It could care less about the nation-state, and it could care less about traditional forms of politics. Hence, it makes no political concessions whatsoever. It attacks unions, it attacks public schools, it attacks public goods. It doesn't believe in the social contract.
Even though we think we're getting a lot done, ironically, multitasking makes us demonstrably less efficient.
The governments are seen to be less effective than they used to be. The private sector is perceived as being so much more efficient, and so globalization implies a transfer of power to the private sector.
I have never run a public company. I spent my entire life working for a private company.
If we are not more efficient, we put ourselves in a position where prices need to rise or profits deteriorate in a way that makes us less attractive to investors.
In the end, it is because the media are driven by the power and wealth of private individuals that they turn private lives into public spectacles. If every private life is now potentially public property, it is because private property has undermined public responsibility.
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