The Mysterious Tale of "America's No. 1 Retirement Stock"

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Elon Musk Hails Nvidia CEO Jensen Huang's Work Ethic And Humble Start At Denny's: 'Absolutely The Right Attitude'

Benzinga Neuro
July 01, 2024

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk lauded Jensen Huang, the CEO of NVIDIA Corp (NASDAQ:NVDA), for his humble beginnings and strong work ethic.

What Happened: Musk took to X on Sunday to commend Huang’s work ethic. This praise came after Huang shared his experience of working at Denny’s, where he washed dishes and cleaned toilets. This hands-on approach has significantly influenced his leadership style at Nvidia.

“Absolutely the right attitude,” Musk wrote. “During the toilet paper shortages of Covid, I was making sure that our factories and offices had toilet paper.”

Despite his status as a billionaire, Musk has also been known to get hands-on, having spent time sleeping in Tesla’s factories to inspect the production line personally.

See Also: Elon Musk Took A Cheeky Swipe At Jeff Bezos After Amazon Breached The $2 Trillion Market Cap: Here’s What

It’s worth noting that Musk’s admiration for Huang may also be influenced by their intertwined fortunes. As Tesla aims to lead the way in AI, acquiring Nvidia’s chips has become crucial for the company’s survival.

For his part, Huang has also expressed admiration for Musk’s work, particularly in the field of self-driving cars.

Why It Matters: Huang’s management style has been a topic of interest in recent months. In June, he revealed that he does not schedule one-on-one meetings with his direct reports unless they specifically request it.

This unique approach is designed to facilitate quick information flow and agility, which means he avoids unnecessary meetings, including regular check-ins with his direct reports. This unconventional style has earned the approval of Musk, who is known for his own hands-on approach to leadership.

Despite their mutual admiration, Musk and Huang have not always seen eye to eye. In April, Musk disagreed with Huang’s belief that anyone could create a neural network using Nvidia chips, highlighting the complexity of developing neural networks.

However, their shared commitment to progress and unwavering determination, as highlighted by Aravind Srinivas, the CEO of Perplexity AI, is a common trait among successful entrepreneurs. He used Musk as a prime example, praising his ability to disregard critics and overcome obstacles through sheer determination.

Read Next: Elon Musk Responds To Vivek Ramaswamy As To Who’s Running The Country After Trump-Biden Debate: ‘Maybe Nobody’

Image Via Shutterstock

This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote

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