Musk reportedly wouldn't mind the collapse of Tesla if the competition had a better electric car

Musk reportedly wouldn't mind the collapse of Tesla if the competition had a better electric car

Musk probably wouldn't mind the collapse of Tesla if the competition had a better electric car

Illustrative photo – The head of the American company Tesla Elon Musk at the presentation of the new sports utility vehicle (SUV) Model Y, which is supposed to be the answer to similar electric cars of European manufacturers.

Austin (USA) – According to the company's board member Hiromichi Mizuno, the head of Tesla, Elon Musk, would not mind the collapse of the car company if the competition produced a better electric car. Mizuno, who is the chief investment officer of the Japanese government's pension investment fund, said this in an interview with CNBC news published today. However, Mizuno stressed that it does not agree with Musk's approach.

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“I think that's his philosophy and Tesla's philosophy,” said Mizuno, who joined the U.S. electric car maker's board in April 2020. Tesla has not yet responded to CNBC's request for comment.

< p>Musk had previously stated that the car company could have gone bankrupt several times during its nearly twenty-year history. In November 2020, he said the company was “about a month” from bankruptcy before it started production of its Model 3 car, between mid-2017 and mid-2019.

In another interview, which was addressed to the owners club of the Tesla car, Musk said that he is primarily trying to save the company from bankruptcy. At the time, the automaker had to deal with production disruptions due to strict anti-pandemic measures in China. Musk also added at the time that car manufacturers in general are “desperate to fail”. caused controversy. He also runs this company, which worries Tesla investors. The automaker is grappling with increased competition, macroeconomic uncertainty and regulatory oversight.

When asked about Musk's workload, Mizuno jokingly replied that he wasn't sure if the Tesla boss was “human or alien.” “She seems to be handling an incredible amount of work,” he added.