Elon Musk blasts SEC, United Auto Workers in "60 Minutes" interview

Interesting 19:25 10.12.2018

Elon Musk, the CEO of both Tesla and Space Exploration Technologies, opened up about his tumultuous year in a wide-ranging interview with CBS's 60 Minutes.

Mr. Musk, 47, told anchor Lesley Stahl that none of his tweets have been censored since he reached a settlement with the US Securities and Exchange Commission in October.

His problematic Twitter messages in August - about trying to take the company private - caused months of chaos, and the agency sought to improve the governance of a board long criticised for being too closely aligned with its billionaire leader.

"I want to be clear. I do not respect the SEC," Mr. Musk said, according to a transcript provided in advance by the network. Mr. Musk added that he's that he is abiding by the SEC's terms because he respects the justice system. He also said that he handpicked Robyn Denholm as Tesla's new board chair, and that in addition to not wanting to be chairman again, he would prefer "to have no titles at all".

Tesla doesn't buy traditional advertising, and media coverage of Mr Musk is a big part of how the Palo Alto, California-based company markets itself and its formidable brand. Mr. Musk has been on a bit of a charm offensive of late: he appeared on Kara Swisher's Recode Decode podcast, as well as Axios HBO.

The 60 Minutes interview, which was filmed at Tesla's lone auto plant in Fremont, California, largely focused on Tesla's year in which it raced to ramp up production of the Model 3 sedan. Mr. Musk credited the decision to build a third general assembly line outside under a tent with saving the company.

Assembly Line Tent

"It was life or death," said Mr. Musk. "Those betting against the company were right by all conventional standards that we would fail. But they just did not count on this unconventional situation of creating an assembly line in a parking lot in a tent!"

Mr. Stahl pressed Mr. Musk on the string of complaints about conditions inside company factories, including unreported injuries, abusive conditions and excessive hours. Musk said there's been an "aggressive campaign" by the United Auto Workers to attack Tesla with a "load of nonsense" in an effort to unionise the carmaker.

Mr. Musk said he may be willing to buy some of the five factories General Motors plans to idle next year. He also asserted that he doesn't smoke pot, despite taking a hit of marijuana on a comedian's podcast that was live-streamed in September.

"I do not smoke pot," Mr. Musk said. "As anyone who watched that podcast could tell, I have no idea how to smoke pot, or anything. I don't know how to smoke anything, honestly."

Azerbaijan Air Force and Navy Forces held joint tactical exercise in Caspian Sea - VİDEO

News line

Iran and Israel playing with fire as old rules of confrontation are torn up - ANALYSIS
20:50 19.04.2024
'Ukraine is blackmailing the West for this' - Expert reveals the secret details
19:50 19.04.2024
French police arrest attempted suicide bomber
French police arrest attempted suicide bomber
19:30 19.04.2024
'We are witnessing historical events' - Umud Mirzayev on the occasion of the return of Gazakh villages
19:09 19.04.2024
Expert: Israeli Response to Iran Expected to Be Limited, Considers Targeting Neighbor
18:45 19.04.2024
Border delimitation between Azerbaijan and Armenia to be based on Almaty Declaration
18:25 19.04.2024
Defamation against Azerbaijan in the International Court of Justice
18:12 19.04.2024
CIA: Ukraine will lose war without new aid this year
17:58 19.04.2024
Another baseless allegation from a law professor speaking on behalf of Armenia
17:40 19.04.2024
Azerbaijan and Armenia agree on returning of Gazakh's 4 villages
17:21 19.04.2024
President of Azerbaijan and Chancellor of Germany to meet in Berlin
17:00 19.04.2024
Russia won’t allow NATO to move closer in Ukraine — Lavrov
Russia won’t allow NATO to move closer in Ukraine — Lavrov
16:48 19.04.2024
Baku French Lyceum ceases its activity
16:35 19.04.2024
Ilham Aliyev and Vladimir Putin to meet in Moscow
16:27 19.04.2024
G7 Foreign Ministers call Azerbaijan and Armenia to be committed to peace process
16:16 19.04.2024
Mikayil Jabbarov: ‘Ughuryolu career program leads to identifying personnel with higher potential’
Mikayil Jabbarov: ‘Ughuryolu career program leads to identifying personnel with higher potential’
16:01 19.04.2024
US calls on Israel to provide humanitarian aid to Gaza
15:40 19.04.2024
Jeyhun Bayramov discusses situation in Gaza with Prime Minister of Palestine
15:30 19.04.2024
Public hearings on preliminary objections raised by Azerbaijan in International Court of Justice conclude
15:00 19.04.2024
Azerbaijan to create artificial land plots in Caspian Sea for construction
14:02 19.04.2024
Azerbaijan weather forecast for April 20
Azerbaijan weather forecast for April 20
13:21 19.04.2024
Fathers will have right to receive a pension under favorable conditions for their children in Azerbaijan
13:00 19.04.2024
Azerbaijan Air Force and Navy Forces held joint tactical exercise in Caspian Sea - VİDEO
Azerbaijan Air Force and Navy Forces held joint tactical exercise in Caspian Sea - VİDEO
12:40 19.04.2024
No plan for immediate retaliation against Israel, senior Iranian official says - VİDEO/UPDATED
12:25 19.04.2024
Oil prices surge following Israeli airstrike on Iran
12:12 19.04.2024
Final Day of Hearings in 'Armenia vs. Azerbaijan' Case at the Hague Court - LIVE
12:02 19.04.2024
Australia tells citizens to leave Israel
Australia tells citizens to leave Israel
11:50 19.04.2024
'Regrettably, the United States exhibits a biased position regarding peacekeepers' - MP Konul Nurullayeva
11:34 19.04.2024
The US does not want the Zangezur corridor to be opened under these conditions - OPINION
11:20 19.04.2024
Armenian general: Russia is the cause of all troubles
11:02 19.04.2024
Man arrested in Poland over suspected Russian plot to assassinate Zelensky
10:50 19.04.2024
Price of Azerbaijan oil drops
Price of Azerbaijan oil drops
10:35 19.04.2024
Azerbaijani police found numerous weapons and ammunition in Khankandi
10:23 19.04.2024
Chad threatens to kick out US troops
10:00 19.04.2024
Terrorists kill 16 soldiers in Syria
Terrorists kill 16 soldiers in Syria
09:49 19.04.2024
Biden calls China ‘xenophobic’
09:30 19.04.2024
Maduro: Despite US sanctions, Venesuela’s oil industry will develop
09:17 19.04.2024
Kenyan military helicopter crashes, five soldiers killed, police say
Kenyan military helicopter crashes, five soldiers killed, police say
23:45 18.04.2024
Greek PM Mitsotakis to meet Erdogan on May 13 in Ankara
22:55 18.04.2024
Guterres: ‘The Middle East is on a knife-edge’
Guterres: ‘The Middle East is on a knife-edge’
22:33 18.04.2024
Hamısı