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Tesla board member says Musk doesn't mind bankruptcy if a rival builds a better car: 'That's his philosophy'

February 14, 2023
Source: cnbc.com cnbc.com
News Snapshot:
Elon Musk remarked that he wouldn't mind Tesla going bankrupt, if this means a rival company builds a better car, according to a member of the firm's board. "I disagree whenever Elon says I don't mind Tesla getting into bankruptcy if somebody else comes up with a better car," Hiromichi Mizuno, chief investment officer of the Japan Government Pension Investment Fund, told CNBC's Dan Murphy at the World Government Summit on Tuesday. "I think that's his philosophy and Tesla's philosophy," said Mizuno, who was chosen to join the company's board in April 2020. Tesla did not immediately respond to a...
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