Elon Musk claims he turned down 'several high-paid jobs' on Wall Street. He's now worth $187 billion and is the world's second-richest person.
Elon Musksaid Monday that he rejected multiple 'high-paid' Wall Streetjobs, Bloomberg reported.
- Musk didn't say when he rejected the jobs, or which companies tried to hire him.
- Musk made the remarks as part of a court case into
Tesla's acquisition of SolarCity.
Tesla CEO Elon Musk claims he rejected "several" lucrative jobs on Wall Street to instead focus on the booming
"I was offered several high-paid jobs on Wall Street," Musk told a court in Delaware on Monday, per a report by Bloomberg. "I declined."
He didn't elaborate on what the roles were, or which companies tried to hire him.
Musk made the remarks as part of a court case into Tesla's 2016 acquisition of solar panel firm SolarCity. The company's shareholders sued him and other Tesla board members in 2017, claiming Tesla effectively bailed out SolarCity, which was founded by two of Musk's cousins.
Every Tesla board member named in the suit other than Musk settled for $60 million in January 2020.
Rather than getting into
Musk is the CEO of automaker Tesla and aerospace giant
Both the tech and finance industries are known for long working weeks and high rates of burnout. Musk has previously said he works between 85 to 100 hours each week , and has to split his day into five-minute slots so he can fit everything in.
He said at Monday's hearing that he "hates" being the CEO of Tesla and would rather spend his time on design and engineering.
- Rishi Sunak on spending spree on skills, healthcare in UK Budget
- New IPL teams: BCCI expecting anything between ₹7,000-₹10,000 crore with Adani, Goenka, Aurobindo in fray
- Chip shortage hits new brands in tough Indian laptop market
- Petrol and diesel prices hiked again by 35 paise for fifth consecutive day across the country
- India vs Pakistan at ICC T20 World Cup: The ‘Men in Blue’ have a definite advantage in this one