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Tesla Paid for Elon Musk’s Personal Jet Whereas Shedding 1000’s

Two Sides

To listen to Elon Musk inform it, 2018 was a horrible yr. “It was excruciating,” he lamented to The New York Occasions in August.

However a Washington Submit story printed Tuesday paints a unique image.

The newspaper tracked each journey Musk took on Tesla’s company jet in 2018 and located that whereas his firm was burning via $100 million per week and shedding 1000’s of staff, the billionaire was jet-setting throughout the globe — totally on the corporate dime and positively not at all times for enterprise functions.

Musk on the Transfer

In accordance with WaPo, the jet flew in extra of 150,000 miles over the course of greater than 250 flights in 2018 — and Musk wasn’t even at all times on board. Generally, the jet was merely flown from one a part of L.A. to a different so Musk might meet it on the closest airport.

When Musk was on the jet, lots of his journey had been business-related, taking him to and from the airports nearest SpaceX’s headquarters, Tesla’s headquarters, and Tesla’s Gigafactory.

However primarily based on the WaPo report, Musk additionally took a trip in Chile, spent spring break in Jordan and Israel, and visited the units of two HBO dramas: “Westworld” in Texas and “Recreation of Thrones” in Northern Eire.

The Eire journey occurred simply three weeks after Tesla laid off about three,500 staff, a transfer Musk known as “troublesome, however crucial.”

CEO to CEO

Tesla spokesman Dave Arnold characterised this frequent air journey as par for the course for somebody in Musk’s place. “Till we will teleport,” Arnold instructed WaPo, “there’s sadly no different that may permit him to do his job as successfully.”

However different CEOs appear to handle simply superb.

Amazon CEO Jeff Bezos took 100 fewer flights than Musk in 2018, based on WaPo. Apple, in the meantime, spent $93,000 on flights for CEO Tim Cook dinner in 2017 — Tesla reportedly shelled out $700,000 for Musk’s travels that very same yr.

And Bezos and Cook dinner head up corporations that really might afford to bankroll a flight itinerary corresponding to Musk’s.

Firm Dime

The WaPo article asserts that Musk’s 2018 journey was “largely paid for by Tesla.” Nonetheless, a Tesla spokesperson instructed the publication that the corporate “doesn’t cowl the prices for Musk’s private journeys and that Musk, SpaceX, and Tesla overview the flights and agree on who pays for every journey.”

Nonetheless, even when that’s true, $700,000 is some huge cash to spend on business-related journey in a single yr, and primarily based on WaPo‘s report, Musk flew simply as a lot — if no more — in 2018 than he did the yr prior.

When Musk laid off 7 p.c of Tesla’s workers earlier this month, he mentioned it was as a result of the corporate wanted to chop prices. The subsequent time it feels an urge to streamline funds, it would wish to take a tough take a look at how usually its CEO goes wheels up on the corporate dime earlier than handing out pink slips.

READ MORE: Elon Musk’s Highflying 2018: What 150,000 Miles in a Personal Jet Reveal About His ‘Excruciating’ Yr [The Washington Submit]


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