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Slash first, fix later: How Elon Musk cuts costs

  • NYT News Service--The Times of India
  • published date: 2024-11-16 05:40:39 UTC

Elon Musk, a billionaire entrepreneur, is known for his extreme cost-cutting measures. He implemented these strategies at Tesla, SpaceX, and Twitter. Musk's methods often involved mass layoffs, cutting perks, and negotiating lower prices from vendors. He will…

On a Saturday morning in December 2022, Elon Musk summoned finance executives at Twitter, which he had bought six weeks earlier, to a conference call. Then he drilled into a spreadsheet that containe… [+11941 chars]