Elon Musk: "Most People Have No Idea What is Happening to My Life.."
In this full length interview from December, 2022 Elon Musk reveals some terrifying details about what is happening in his life and why it's been destroying his life.
No one should put this many hours into work. This is not good. People should not work this hard. I'm not, they should not do this. This is very painful. Painful in what sense? It's hurts my, it hurts my brain and my heart.
Particularly if you're starting a company, you need to work super hard. So what does super hard mean? When my brother and I were starting our first company in, instead of getting an apartment, we just rented a small office and we slept on the couch. And we showered at the YMCA and we're so hot up, we had just one computer.
So the website was up during the day. And I was coding at night, seven days a week all the time. And I briefly had a girlfriend in that period and in order to be with me, chef, to sleep in the office. Work hard, like you mean every waking hour? That's the thing I would say if you, particularly if you're starting a company and I mean if you do simple math, say okay, if somebody else is working 50 hours and you're working a hundred you'll get twice as done, as much done in the course of a year as the, as the other company just work like hell.
You just have to put in, 80 hour, 80 to a hundred hour weeks every week. And then that's a lot of work that the, all those things improve the odds of success. If other people are putting in 40 hour work weeks and you're putting in a hundred hour work weeks, then even if you're doing the same thing, you know that in, in one year you will achieve what they achieve.
You you will achieve in four months. What it takes them a year to achieve. What was your biggest failure and how did that change you? We almost did die at SpaceX actually. So we, I budgeted for, or three flights. Technically I did have a plan where I had a, had the money from PayPal.
I had like about 180 million from PayPal. And I thought, I'll allocate half of that to SpaceX and Tesla and Solar City, and that should be fine. I'll have 90 million, like just lots, but then what happened is things cost more and took longer than I thought. So I had a choice of either put the rest of the money in or their companies are gonna die.
And it's so I put, I ended up putting all the money in and borrowing money for rent from France. 2008 was brutal. Yeah, 2008 we had the third consecutive failure of the Falcon Rocket for SpaceX. Tesla almost went bankrupt. We closed our financing round 6:00 PM Christmas Eve, 2008.
It was the last hour of the last day that it was possible we would've gone bankrupt two days after Christmas on the mic. SpaceX is alive by the skin of its teeth, so is Tesla. If things had just gone a little bit the other way, both companies would be dead. And I one of the most difficult choices I ever faced in life was in 2008.
And I think I had like maybe 30 million left, or 30 or $40 million left in 2018. I had two choices. I could put it all into one company and then the other company would definitely die or split it between the two companies. And, but if I split it between the two companies, then both might die.
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