Elon Musk remains unscathed as a business leader despite all the controversies

Elon Musk remains unscathed as a business leader despite all the controversies

Updated on August 04, 2022 12:25 PM by Sally Harbor

No stranger

Elon Musk is one of the most popular personalities on the Internet due to his business decisions and is quite known for drawing a lot of attention from the audience. But From charges of business fraud and allegations of personal misconduct to a public archive of provocative Twitter Rants, Elon Musk is no stranger to scandal.

Elon Musk has dealt with quite a lot of controversies and scandals in his past and still is involved with some even today. Elon Musk who is also the CEO of Tesla, Neuralink, and The Boring Company is dealing with a potential $1 billion penalty for walking away from a $44 billion bid to buy the social media platform Twitter.

Affair and children

Elon Musk has also been put on allegations that he has an affair with Nicole Shanahan who is also the wife of Sergey Brin. Sergey Brin is a long-time friend of Elon Musk and a Google cofounder.

There is also news that he has fathered two twins secretly with Shivon Zilis, a Tesla executive. All of this controversial news about him has come within the past 30 days.

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Unusual and scandal-free

Surely it is quite unusual and difficult for a CEO shrouded in so much scandal, controversy, and alleged misconduct to maintain footing at the helm of four companies with a combined valuation in the billions. Duncan Levin is a criminal defense attorney who also represents controversial clients.

Harvey Weinstein, Clare Bronfman, and Anna Delvey, recently told a news source that no one on this planet who is popular is scandal free but although Elon Musk is somewhat insulated from fallout since he runs his own company.

Racist and sexist

Elon Musk has also been accused of fostering a toxic culture of racism and sexism at the businesses he runs. On June, 15 former and current Black employees at Tesla filed a lawsuit against the electric-car maker, alleging racial discrimination. In 2018.

SpaceX, the aerospace company founded by Elon Musk paid a flight attendant $250,000 to settle a sexual-misconduct claim against the CEO. Despite his antics, Elon Musk has remained largely unscathed professionally.

The tech billionaire Elon Musk’s personal life generates the kind of tabloid frenzy typically reserved for Hollywood A-listers, and his professional stunts leave certain stocks reeling. Musk's ability to bounce back from repercussions is the result of a complex interplay of a fierce, cult-like fandom and his transformational leadership style.

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Transformational leadership

Elon Musk has a transformational type of leadership and it is the subject of substantial analysis, research, and case studies.

Jay Baer, the founder of marketing-consultancy startup Convince & Convert which is an advisory firm with clients such as 3M, Oracle, Cisco, and Nike recently told a news portal that Elon Musk is such an unpredictable character, and nobody knows which way he is going to turn, which makes him such an interesting leader to follow. 

Elon Musk and his innovations in space travel and clean clean energy make him an iconic figure among electric-car enthusiasts, space lovers, and tech geeks.

Tom Godwin who is the co-founder of business-consultancy startup All We Have Is Now and the host of the show "The Edge, "recently talked about Elon and said that he is a deeply flawed and fascinating person and everything that he represents is about challenging traditional ways of doing business.

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The flawed

It's obvious for everyone to have flaws as humans are not made without them and so is the tech favorite Elon Musk. Chad Anderson who is the CEO of the space-tech VC fund Space Angels Network, was an early investor in Space X, revealed to a news source that Elon Musk also has flaws like others but flaws, but he has the kind of "vision and real chops" that makes the impossible possible.

He is highly intelligent and ahead of most people, a former manager at Tesla previously told a news source, "You have to think 10 times more audacious than he does to be able to be successful," the employee said.

Despite all the controversies, scandals, and rumors Elon Musk is put into, the avid base of fans and allies, and the growing number of enemies only add to his legend. The chronicling of obstacles being overcome and the rallying of others behind a shared goal are generating energy and fueling the narrative, Godwin said to a network.

Musk is Trump

Baer said to a news source that “Musk is Teflon in the same way that Trump is Teflon," Baer said. He recalled when Trump said he could shoot someone on 5th Avenue and "not lose any voters." After that remark in 2016, he went on to be elected president. Elon Musk has the same halo, he added.

"They are the movement they've built," said Baer, adding that without Trump, there would be no MAGA and that without Musk, the allure of his companies would be diminished.

This is vastly different from most other CEOs, who are somewhat interchangeable mercenaries or founders who usually don't have the voting shares or board control to give themselves scandal immunity, Baer said.

Stepping down

It's not very uncommon for the CEOs of companies to be asked to step down from their positions in light of allegations of personal improprieties. Reports also have said that Bill Gates left Microsoft’s board amid an investigation into an alleged affair with an employee, while Brian Krzanich, Intel's CEO, had resigned after what the tech firm described as a past consensual relationship with a middle manager.

"Musk's and Trump's numerous ethical shortcomings make them more effective," Baer said. "They are both 'morality mavericks,' and that works for them, not against them."

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