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Here's How Elon Musk Plans to Fix the Recent Problems at X and Tesla

Key Points

  • In response to recent X outages and a data-center fire, Musk has self-imposed a return-to-office mandate, vowing to work 24/7 at X, xAI and Tesla and sleep in conference, server and factory rooms.
  • He acknowledged that failover redundancy at X failed and said “major operational improvements” are needed as critical technologies roll out.
  • At the Qatar Economic Forum, Musk confirmed he will remain Tesla’s CEO for the next five years to maintain “reasonable control” over the company and ward off activist investors.
  • Tesla shares have rebounded following his commitment to stay at the helm as CEO.
  • Interested in Tesla? Here are five stocks we like better.

After mass outages at X over the Memorial Day weekend and a fire at a data center, the app's owner, Elon Musk, 53, is taking matters into his own hands — with a self-imposed return-to-office mandate.

In a recent X post, the multi-CEO responded to the outage news by saying that he is going back to his "hardcore" roots at X, xAI, and Tesla.

Related: 'Pressure Cooker': Why Millionaire Nvidia Employees Are Still Working Until 2 a.m.

"Back to spending 24/7 at work and sleeping in conference/server/factory rooms," Musk wrote. "I must be super focused on X/xAI and Tesla."

"We have critical technologies rolling out," he continued. "As evidenced by the X uptime issues this week, major operational improvements need to be made. The failover redundancy should have worked, but did not."

Musk is known for working around the clock and sleeping at the office (and encourages others to do so, too). In a 2022 leaked memo, Musk told employees to have an "extremely hardcore" work ethic or leave the company. One employee even went viral for sleeping under her desk — she now works at Meta.

Related: I'm Used to Working 16-hour Days — Here's How I Ensure Every Minute is Spent Productively

Last week at Bloomberg's Qatar Economic Forum, Musk said that he is committed to staying at Tesla as CEO now that he is scaling back his time at DOGE. When asked if he will still be leading Tesla in five years, he said: "Yes, no doubt about that at all."

CNBC reported at the time that Musk wants to keep his position as Tesla's CEO to maintain "sufficient voting control" over the company to avoid activist investors.

"It's not a money thing," Musk said. "It's a reasonable control thing over the future of the company."

Tesla stock has been rebounding on the news.

Related: A Tesla Executive Received a Record Pay Package, and It's Not Elon Musk

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Tesla (TSLA)
4.3031 of 5 stars
$349.09-2.6%N/A171.12Hold$293.97
Record (REC)N/AGBX 55.20-0.7%9.06%0.54N/AN/A
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