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Elon Musk: Tesla’s Single Point of Failure

Elon Musk: Tesla’s Single Point of Failure
Tesla CEO Elon Musk speaks during an event to launch the Tesla Model X Crossover SUV on September 29, 2015 in Fremont, Calif. Justin Sullivan/Getty Images
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Elon Musk’s meltdown in the pages of The New York Times is a reminder that enterprises need both vision and operating smarts to be successful. It was obvious years ago that Musk needed help to build a new car company. Yet, somehow, the members of the board of directors did nothing as the Tesla CEO and co-founder led this extraordinary endeavor.
In my book “Ford Men: From Inspiration to Enterprise,” I noted that Henry Ford had the vision, but it was his partner James Couzens who actually turned the idea into a successful business. So bad was Ford’s reputation for tinkering and racing that he wasn’t even an officer of Ford Motor Co. when it was founded.
Christopher Whalen
Author
Christopher Whalen is the chairman of Whalen Global Advisors and the author of "Ford Men." This article was first published by the Institutional Risk Analyst.
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