#RULE OF ROSE HOFFMAN TV#

#RULE OF ROSE HOFFMAN TV#

One makes cars, solar panels and energy-efficient batteries, and the other streams TV shows and movies.

On the surface, Tesla and Netflix don't have much in common. This is not the first time Musk has drawn on the 'first principles' way of thinking, nor is he the only CEO to lean on the ancient philosophy. 'There is a very wide range of contractor performance, from excellent to worse than a drunken sloth,' says Musk. Tesla managers with expenses above $1 million - or a set of related expenses that would total $1 million over the course of 12 months - are required to have 'a detailed, first principles understanding of the supplier quote, including every line item of parts & labor, before we meet,' says Musk, who is looking to eliminate mid-level contractors adding expense, but not doing work.

It didn't make sense to do that until reaching economies of scale, but now we are there,' said Musk. 'A fair criticism leveled at Tesla by outside critics is that you're not a real company unless you generate a profit, meaning simply that revenue exceeds costs. Musk said he would be personally reviewing all expenses above a million dollars. I have asked the Tesla finance team to comb through every expense worldwide, no matter how small, and cut everything that doesn't have a strong value justification,' says Musk in an internal email sent Tuesday, which was first obtained by electric vehicle website Electrek and car news and opinion site Jalopnik, and later confirmed by CNBC. 'Going forward, we will be far more rigorous about expenditures.

Rule of rose hoffman