Elon Musk, CEO of Tesla and SpaceX, shared insights on his unconventional leadership approach during the Aaron Baron Investment Conference. He emphasized his commitment to transparency and teamwork by sleeping under his desk at Tesla's factories, ensuring employees saw him working alongside them during challenging times. Musk criticized traditional corporate hierarchies, highlighting Tesla's culture of equality among employees.

• 01Musk lived in Tesla's factories for three years during the Model 3 production ramp-up, often sleeping under his desk to show solidarity with workers.
• 02He believes visibility and shared struggle foster a stronger work ethic among employees, stating, 'If they think their leader is off somewhere... they won't give it their all.'
• 03Tesla promotes a culture without executive privileges, contrasting with General Motors, which Musk criticized for having a special elevator for senior executives.
• 04The company offers stock options to all employees, turning many factory workers into millionaires as Tesla's stock value soared.
• 05Musk's leadership style aims to eliminate the 'lords and peasants' mentality typical in traditional corporations.

Musk's leadership style fosters a strong work ethic and commitment among Tesla employees, potentially leading to increased productivity and job satisfaction.