Elon Musk faces scrutiny over his direct involvement in the hiring and firing processes at his companies, raising questions about the legality and efficiency of his management style.
What Happened: The management approach of Musk has come under fire, with his hands-on role in personnel decisions at companies like X and Tesla Inc. (NASDAQ:TSLA) attracting criticism and legal challenges, Business Insider reported on Tuesday.
Alec Levenson, a senior research scientist, points out that while companies can be financially successful despite management flaws, better management could boost financial performance without hurting profits. He notes that Musk’s deep involvement in hiring and firing is seen as a potential legal issue and a sign of mistrust in his management teams.
“To have one of the most successful entrepreneurs and someone who’s ...