/ 18 October 2021

Keep your friends close…

FILE - In this March 14, 2019, file photo, Tesla CEO Elon Musk speaks before unveiling the Model Y at the company's design studio in Hawthorne, Calif. In the runup to Tesla Inc.’s 2016 acquisition of SolarCity, Elon Musk called the combination a “no brainer,” a one-stop shop for electric cars and the solar panels to recharge them. On Monday, July 12, 2021, the Tesla CEO will have to defend the $2.5 billion deal under oath in a shareholder lawsuit alleging conflicts of interest. (AP Photo/Jae C. Hong, File)
Image source: AP

Tesla/SpaceX founder Elon Musk is known for being a bit unconventional. But Volkswagen? Its CEO Herbert Diess has thrown out the handbook for conservative corporate managers and invited the billionaire disruptor in. Addressing 200 VW executives on Friday, Diess said VW “did many right things in the past,” but looking ahead “there is no guarantee for the new world.” He wants VW to make “faster decisions, less bureaucracy, more responsibility”. Enter Musk, whose unique management style is credited with some of Tesla’s raging success (and, in fairness, many of its hiccups…). “I’m primarily an engineer and, besides the car, I’m fascinated by supply chains, logistics and production processes,” he said of his out of the box style. Musk once tried to recruit Diess to run Tesla, and the companies are said to consider the other their biggest competitor. #SquizShortcut

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