+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

'Tesla builds cars with love': Elon Musk fights back tears at company shareholder meeting

Jun 6, 2018, 03:56 IST

Tesla

Advertisement
  • Tesla CEO Elon Musk began the company's annual shareholder meeting on an emotional note.
  • He appeared to be on the verge of tears as he said Tesla builds its vehicles with a level of care and affection other automakers can't match.
  • He also lauded the efforts of Tesla employees who have worked long hours and said recent months have been particularly difficult for him.


Tesla CEO Elon Musk began the company's annual shareholder meeting on an emotional note on Tuesday.

Musk appeared to be on the verge of tears as he said Tesla builds its vehicles with a level of care and affection other automakers can't match.

"At Tesla, we build our car with love. We really care," he said.

He contrasted Tesla against other auto companies, whose vehicles he characterized as being driven by financial considerations.

Advertisement

"At a lot of other companies, they're built by the marketing department and the finance department. There's no soul."

Musk also lauded the efforts of Tesla employees who have worked long hours.

"We've had people at Tesla who've worked 60 days straight. We've had to force them to go home," he said.

Musk characterized recent months, which have brought questions about Tesla's financial health, production process, and workplace conditions as "the most excruciating, hellish several months I've maybe ever had."

At the beginning of the meeting, Tesla shareholders voted to keep CEO Elon Musk as the chairman of the company's board of directors. A shareholder had proposed that the company replace Musk, who has served as the chairman of Tesla's board of directors since 2004 and its CEO since 2008, with an independent chairman. Tesla's board of directors did not support the proposal and said Musk's role as the company's chairman has been essential to Tesla's success so far and will allow the company to quickly adapt to new challenges.

Advertisement

NOW WATCH: Millennials are driving a shift in investing - here's how to meet your financial and social impact goals

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article