Tesla not only discovered the rotating magnetic field - the basis of most alternating-current machinery - but also introduced us to the fundamentals of robotics, computers, and missile science. Called a madman by his enemies, a genius by others, and an enigma by nearly everyone, Nikola Tesla was, without a doubt, a trailblazing inventor who created astonishing, sometimes world-transforming devices that were virtually without theoretical precedent. In Man Out of Time, Margaret Cheney explores the brilliant and prescient mind of one of the twentieth century's greatest scientists and inventors. has leaned toward a recession.In this “informative and delightful” ( American Scientist ) biography, Margaret Cheney explores the brilliant and prescient mind of Nikola Tesla, one of the twentieth century’s greatest scientists and inventors. Tesla’s falling stock price could be attributed to a wide variety of factors outside of Musk’s control, including a downturn in tech stocks entirely as the U.S. It has caused a widespread drop in prices across the industry as competitors aim to keep up. Tesla has managed to drop prices of its EVs considerably in 2023 so far. Musk, who has successfully run both companies since last year, has been hit with criticisms related to Tesla’s falling stock price and the company’s shortcomings, for example, a failure to reach intended goals for production start dates. Investors that have long pushed for Musk to devote more time to the car company and less to Twitter are already celebrating the move and his confirmation that he will remain the head of Tesla.
Obviously, bringing on Linda allows me to devote more time to Tesla, which is exactly what I will be doing! In fact, Musk said in a recent Tweet that Yaccarino’s hiring as Twitter CEO is actually a move that will allow him to “devote more time to Tesla.” While running Tesla has been far from a walk in the park and has contributed to excessive amounts of stress on Musk, it doesn’t appear that his time is anywhere near over. It was a huge relief for many Tesla investors who have long waited for Musk to bring his full attention back to the automaker.ĭespite Musk’s hiring of a new CEO for Twitter, The Wall Street Journal reported earlier this week that there was speculation that his days running Tesla were numbered and Zachary Kirkhorn, the company’s CFO, was in line to take his place. However, Musk always maintained he was not going to be running the day-to-day operations of the platform forever, and earlier this week, it was confirmed that Linda Yaccarino would become the new CEO in about six weeks.
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