Hyperdrive
Elon Musk Defends Punishing Pace as Tesla Saga Enters Third Week
- Stock has fallen 20% since Aug. 7 tweet on going private
- Saudi fund is said to mull investment in tiny Lucid Motors
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Elon Musk sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability as he propels Tesla Inc. toward a possible rebirth as a private company.
A few hours before sunrise in California on Sunday, Musk said he’d just gotten home from the electric-car factory where he has toiled -- and often slept -- for months to ramp up Model 3 sedan production. The chief executive officer rebutted a post from digital-media mogul Arianna Huffington, who had urged him to take time off lest he fall short of his ambitions to change the world. Sorry, Musk wrote around 2:30 a.m.: “It is not” an option.