Learn from Elon Musk: be Careful of What you Promise Publicly!
The fiasco around taking Tesla private has dwindled Elon Musk’s credibility, making it hard to believe anything that comes out of his mouth. This brilliant piece of journalism aptly titled “Private’ mess: Elon Musk’s credibility goes from bad to worse” explains why this badly handled episode in Musk’s history can be considered a harbinger of worse things to come.
In fact, it is an important lesson for any founder who makes public statements of bravado in the pitching room or to the media- only promise what you can deliver because once that promise has left your mouth… it cannot be taken back.
…and by the way Mr Musk, I want my $1000 deposit on the Model 3 back!!!