THE STRUGGLE IS THE ACHIEVEMENT

Hiring Rule: How Elon Musk Screens for Real Experience

The best employees will be able to easily recall their struggles, says SpaceX’s CEO.

IMAGE: Getty Images

If your company frequently runs into complex-problem issues, it helps to be surrounded by a team of experienced problem solvers.

While that might sound overly obvious, the hard part is detecting this skill during the hiring process. You’ll want to make sure that your employees have cracked tough codes by themselves–not just by blindly following someone else’s instructions, says Tesla Motors and SpaceX CEO Elon Musk.

That’s why, as a hiring rule, Musk asks job candidates to recall a problem they solved. Then he has them explain how they arrived at each and every step, up until the solution.

“If someone was really the person that solved it, they’ll be able to answer multiple levels. They’ll be able to go down to the brass tacks,” Musk said in an interview at Ignition, an annual Business Insider event. “Anyone who’s struggled hard with a problem never forgets it.”

Note that when a candidate says he or she was able to arrive at a conclusion by asking someone else or consulting a book, that’s a perfectly acceptable answer. Musk said this is exactly how he’s been studying rocket science for more than a decade. The grueling process has made him more confident in his abilities.

When you struggle with a problem, that’s when you understand it,” he said.

Published on: Mar 31, 2015

THE FALCON IS FLYING

I got up at 5:00 this morning to watch the SpaceX launch. Regardless of how this mission ultimately goes in a few minutes the future of Space Exploration, of course, lies in the private sector.

ELON’S LOSS

​Elon Musk Lost About $1 Billion In Two Weeks

​Elon Musk Lost About $1 Billion In Two Weeks123456

Low oil prices and cheap gas are cutting into the demand for electric cars and solar power, if analysts are to be believed. That’s no good if you’re the largest shareholder of Tesla and SolarCity, and some back of the napkin math says Musk’s pocket is about $1 billion lighter.
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Musk owns over 28 million shares in Tesla, which peaked at around $284 in September and is now floating around $200 today. He also owns almost 21 million shares of Solar City, which topped out in February at $86 and is trading today at just over $50.89

According to Marketwatch:

On Nov. 26, the day before a decision by the Organization of the Petroleum Exporting Countries to stand pat on production suggested the group preferred to defend its market share than try to support prices by cutting output, Musk’s combined Tesla and SolarCity holdings were valued at around $8.2 billion. They are now more like $7 billion.

Since that OPEC meeting, Tesla shares declined 16 percent and Solar City dropped by 11 percent, and it’s even lower now. But really, what’s a few hundred million between billionaires?10

S’PLANATION

The Tech That Drives The New Tesla Model S, Explained

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The Tech That Drives The New Tesla Model S, ExplainedExpand

Last night, Elon Musk took the wraps off the new Tesla Model S. Dual motors and all-wheel drive don’t just make it faster, a new sensor array will make it safer too. Let’s break out each innovation, figure out what it is and how it works.

THE FUTURE

Indeed.

This May Well Be The Coolest Feature On The New Tesla

Elon Musk is touting one incredibly futuristic option on the new Tesla.

Produced by Matt Johnston and Alex Kuzoian.

IT’S THE D, BRO

Vanity Fair New Establishment Summit - Day 1

Need a few more breadcrumbs to follow until Elon Musk “unveils the D” (and something else) tomorrow? During an interview tonight at Vanity Fair’s New Establishment Summit, Tesla’s CEO told Walter Isaacson a few juicy tidbits about his news, without really revealing anything — other than what we’ve already seen. According to Musk “One of the things is already there, and people just don’t realize it.” Also, some of the internet’s guesses (dual engine? autonomous driving? AWD?) are apparently on track, as he said people are “directionally correct,” but that they don’t “appreciate the magnitude.” You can watch a clip of of the interview embedded after the break and leave your own theories in the comments, we’ll be reporting live from the unveiling in LA tomorrow night to find out the truth.

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