The Tesla CEO acknowledges that the last three months 'were extremely tough' as he took over Twitter.
Elon Musk knows he's been working hard.
On Feb. 5, the Tesla ( TSLA ) - Get Free Report CEO responded on Twitter to a Wall Street Journal article about his stressful life since his $44 billion acquisition of the microblogging website in October.
"Last 3 months were extremely tough, as had to save Twitter from bankruptcy, while fulfilling essential Tesla & SpaceX duties. Wouldn’t wish that pain on anyone," he tweeted . "Twitter still has challenges, but is now trending to breakeven if we keep at it. Public support is much appreciated!"
The struggles involved in the Twitter overhaul has been a cause of concern among Musk followers, who are worried about the health of the self-proclaimed "Chief Twit," as well as Tesla investors who believe that the acquisition is distracting Musk from his duties at the electric vehicle maker.
"I go to sleep, I wake up, I work, go to sleep, wake up, work—do that seven days a week,” Musk told investor Ron Baron at a November conference, the Journal noted. “I’ll have to do that for a while—no choice—but I think once Twitter is set on the right path I think it is a much easier thing to manage than SpaceX or Tesla.”
Musk also said his work schedule has grown to 120 hours a week from 80 hours prior to the Twitter deal.
And during testimony his recent securities fraud trial in San Francisco, from which Musk emerged victorious , said he had trouble sleeping and apologized for "squirming around" due to “quite severe back pain.”
Last year, Musk tweeted a photo of himself tangling with a sumo wrestler in response to Binance CEO Changpeng Zha.
"Managed to throw him, but it cost me smashing my c5-c6 disc & 8 years of mega back pain! Finally fixed with c5-c6 disc fusion," he said .
Since the end of October and the finalization of his acquisition of Twitter, the billionaire has been involved in five major companies. Three of them -- Tesla, SpaceX and Twitter -- play highly symbolic roles in their respective fields of activity. The other two companies are Neuralink and The Boring Company.
Tesla posted stronger-than-expected fourth quarter earnings on Jan. 25, and even as cost cuts ate into the company's profit margins Musk said he planned to outpace his forecast for a 50% annual delivery growth rate.
Make sense of the market. Get daily analysis of market conditions and economic trends from our portfolio managers.
Comments / 0