ABOUT

ELON MUSK

By rutvik italiya
 BASIC INFORMATION ABOUT
ELON MUSK

Born : June 28, 1971 (age 50) Pretoria, Transvaal, South Africa
Education : University of Pennsylvania (BS, BA)
Title : Founder, CEO and Chief Engineer of SpaceX
CEO and product architect of Tesla, Inc.
Founder of The Boring Company and X.com
Co-founder of Neuralink, OpenAI, and Zip2
Parents : Errol Musk (father) , Maye Musk (mother)
 LEADERSHIP STYLE
When you think about the defined leadership styles, Elon Musk's style is best defined as
transformational. He believes there's a better way to do everything, and he sets his sights on constant
improvement. He has big ideas and wants to unite his team around his (sometimes outrageous) vision
and objectives.

It’s not hard to think of well-known, visionary leaders of the past few decades. Steve Jobs. Sheryl
Sandberg. Bill Gates. Warren Buffett. Oprah Winfrey.

However, there’s no denying that Elon Musk deserves a spot near the top of that list.

He’s founded some of the most innovative companies in the world, including X.com (which later
became PayPal), SpaceX, and Tesla Motors. If that doesn’t keep him busy enough, he’s also founded lesser-
known companies like Neuralink (a neurotechnology company) and The Boring Company (focused on
infrastructure and tunnels for transportation).

With such a long list of businesses and achievements under his belt, it’s no wonder that Elon
Musk’s leadership style has become an area of interest and fascination. He has a reputation as being equal
parts genius and workaholic, and employees are quick to admit that working for him is simultaneously
challenging and rewarding.
 With such a long list of businesses and achievements under his belt, it’s no wonder
that Elon Musk’s leadership style has become an area of interest and fascination. He has a reputation as
being equal parts genius and workaholic, and employees are quick to admit that working for him is
simultaneously challenging and rewarding.

"He's highly intelligent. He's already 10 steps ahead of you," a former manager at
Tesla told Business Insider. "You have to think 10 times more audacious than he does to be able to be
successful."

"I feel like I'm 10 times smarter now than when I first joined," a different senior-level
employee added.

So, like any leadership style, the Elon Musk leadership style approach comes with
some distinct benefits and drawbacks. We’re digging into the details of the leadership style of Elon
Musk, and what you can learn from his groundbreaking career.
 DECISION MAKING ABILITIES

Elon Musk Uses This 6-Step Process to Make Decisions

Inventor and engineer Elon Musk has successfully started four billion-dollar companies: PayPal, Solar
City, SpaceX, and Tesla.

To launch them -- and to answer any complex question -- he uses the same approach each time, he told
Rolling Stone reporter Neil Strauss.

It's "the scientific method," Musk said. "It's really helpful for figuring out the tricky things." He describes
his process this way, according to Strauss:

1. Ask a question.

2. Gather as much evidence as possible about it.

3. Develop axioms based on the evidence, and try to assign a probability of truth to each one.
 4. Draw a conclusion based on cogency in order to determine: Are these axioms correct, are they
relevant, do they necessarily lead to this conclusion, and with what probability?

5. Attempt to disprove the conclusion. Seek refutation from others to further help break your
conclusion.

6. If nobody can invalidate your conclusion, then you're probably right, but you're not certainly right.

Musk utilizes these six questions any time he needs to come up with an idea, solve a problem, or
decide to start a business. He values this kind of evidence-based decision making, and criticized individuals
who can't separate fact from

Most people employ "It's true because I said it's true," he told Strauss. "It's very unscientific."

Amazon CEO Jeff Bezos also has a set framework for decision-making. In a 2016 shareholder letter,
he distinguished between Type 1 and Type 2 decisions.

Type 1 decisions are "are consequential and irreversible or nearly irreversible - one-way doors -
and these decisions must be made methodically," Bezos wrote. Type 2 decisions are "changeable, reversible -
they’re two-way doors," which "can and should be made quickly by high judgment individuals or small
groups."
THANK YOU