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Elon Musk details his time management strategy: ‘It’s extremely difficult’
Elon Musk has a hectic schedule due to his daily operation of several billion-dollar companies. Most of us only have time to handle one full-time gig, but Musk is much different and cut from a different cloth. During a recent interview with the Wall Street Journal, the multiple company CEO detailed how he manages his time.
Musk runs several companies, most notably Tesla, Twitter, and SpaceX, which require daily attention from him as they are the most active in his repertoire of entities. On the sidelines are Neuralink and the Boring Company, which, for starters, are also groundbreaking in their own right but are less taxing as they require less of Musk’s daily attention.
Musk detailed his strategy for handling his workload, and that usually comes down to separating each business’s needs for a single day of the week. For example, Monday might be set aside for issues dealing with Tesla, while Tuesday might be geared more toward the daily operation of Twitter.
However, there are days that may culminate in a multiple-entity visit from Musk. Yesterday, the day of the interview, was a Tesla day, but Musk admitted that Twitter might have some of his attention during the evening hours.
“These things somewhat intertwine,” he said. “Time management is extremely difficult.”
Elon Musk on time management: “I try to divide companies into one day, so today is a @Tesla day for example. This is going to sound pretty strange, but I only have one part time assistant; I do most of the scheduling myself because it’s impossible for someone else to know what… pic.twitter.com/9RrC3gkTSD
— Sawyer Merritt (@SawyerMerritt) May 23, 2023
Many might ask why Musk chooses not to have an assistant or other person help him with his scheduling needs. He says that, for the most part, it is impossible for other people to know what the priorities are in a business sense. One day might turn into a Tesla-geared day due to an immediate need.
These are things that only Musk will know due to his position.
His assistant is “part-time,” he said, but admits the hours they work would be “technically full-time.”
In the past, his time management strategies have been highlighted by many entrepreneurs and regarded as highly successful and effective. Musk has utilized a strategy called timeboxing to divide and conquer a laundry list of tasks, which has helped maintain productivity and not devote too much time to a certain thing while others may get pushed to the wayside.
One thing is for sure, many of us could not handle the workload or stress that comes with running so many companies. Musk is truly one of a kind in this scenario.
I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.
News
Rivian and Amazon announce huge milestone with EDV
The companies announced today that they had officially launched the EDV in Canada for Amazon, as the first 50 units are out and about in Vancouver, and the company said it was “marking an exciting milestone in our five-year history of operations in Canada.”
 
														Rivian and Amazon have announced a huge milestone with their Electric Delivery Vehicle (EDV), the van that the two companies developed for the e-commerce giant to sustainably deliver packages to customers.
The EDV was first unveiled back in September 2019, when Amazon announced a massive investment in Rivian and placed an order for 100,000 electric vans, aiming to deploy them by 2030 as part of the company’s sustainability goals.
Production started in 2021 in Normal, Illinois, and entered Amazon’s fleet of active delivery vehicles over the Summer of 2022. Amazon kept the initial vehicles in major metropolitan areas and eventually started rolling them out to more delivery hubs across the United States.
In December 2024, the companies announced they had successfully deployed 20,000 EDVs across the U.S. In the first half of this year, 10,000 additional vans were delivered, and Amazon’s fleet had grown to 30,000 EDVs by mid-2025.
Amazon’s fleet of EDVs continues to grow rapidly and has expanded to over 100 cities in the United States. However, it has just reached a new milestone, and it has nothing to do with the size of its fleet.
The companies announced today that they had officially launched the EDV in Canada for Amazon, as the first 50 units are out and about in Vancouver, and the company said it was “marking an exciting milestone in our five-year history of operations in Canada.”
The first Rivian Electric Delivery Vans have arrived in Canada as @amazon announced that 50 vans are hitting the road to serve the Vancouver area – marking an exciting milestone in our five-year history of operations in Canada. 🍁 https://t.co/rc6GvSRX2v pic.twitter.com/0jAQ3ABkYt
— Rivian (@Rivian) October 30, 2025
The EDV is a model that is exclusive to Amazon, but Rivian sells the RCV, or Rivian Commercial Van, openly. It detailed some of the pricing and trim options back in January when it confirmed it had secured orders from various companies, including AT&T.
The RCV starts at $83,000, and is one of the few electric vans on the market that is suitable for package delivery in a commercial setting because of its build and interior features.
Rivian prepares to launch the EDV outside of Amazon as the RCV – Here’s when
However, it also seems to be a great option as a service vehicle for companies, which is likely why AT&T is going to utilize it.
News
Tesla’s biggest rival in China reported a big profit decline once again
 
														Tesla’s biggest rival in China reported a big decline in its profitability for the second straight quarter, and a loss of one-third compared to the same quarter last year.
BYD overtook Tesla as the best-selling EV maker in China in the fourth quarter of 2023, finally surpassing the company in terms of sales in the region.
Is Tesla really losing to BYD, or just playing a different game?
The Chinese market is one of the most competitive in the world, especially for EVs, as the industry is healthy with young and scrappy companies looking to sell the best possible tech in their vehicles.
BYD reported its earnings on Thursday and said that its profit had slumped by 33 percent compared to the same quarter last year. For this year’s third quarter, BYD reported a net profit of 7.8 billion yuan ($1.1 billion), a 32.6 percent decrease compared to the same period in 2024.
Its revenue was 195 billion yuan ($27.4 billion), which was only a 3 percent decrease compared to Q3 2024.
The drop in profits and revenue can mostly be attributed to the ongoing growth of competition in the Chinese market. The increased competition in China has pushed companies to turn to overseas markets in response, according to CnEVPost.
BYD is one of those companies, and it is attempting to push sales upward by entering new markets, especially in Europe, where the company sold more than 13,000 units in EU countries in September alone.
This was a 272 percent increase year over year, a major piece of evidence that it has a lot of potential in foreign markets.
The drop in financial figures is likely a short-term issue for BYD, as it has already established itself as a formidable competitor to many companies in many markets. In Q1, it reported an increase in profit by 100 percent compared to the same time span the year prior.
As it works to expand to even more markets in the world, it will continue to build upon its already-solid reputation.
News
GM takes latest step to avoid disaster as EV efforts get derailed
There was an even larger step taken this morning, as the Detroit Free Press reported that GM was idling its Factory Zero plant in Michigan until late November, placing about 1,200 workers on indefinite layoff status.
 
														General Motors has taken its latest step to avoid financial disaster as its electric vehicle efforts have been widely derailed.
GM’s electric vehicle manufacturing efforts started off hot, and CEO Mary Barra seemed to have a real hold on how the industry and consumers were starting to evolve toward sustainable powertrains. Even former President Joe Biden commended her as being a major force in the global transition to EVs.
However, the company’s plans have not gone as they’ve drawn them up. GM has reported some underwhelming delivery figures in recent quarters, and with the loss of the $7,500 tax credit, the company is planning for what is likely a substantial setback in its entire EV division.
Earlier this month, the company reported it would include a $1.6 billion charge in its quarterly earnings results from EV investments. It was the first true sign that things with GM’s EV projects were going to slow down.
There was an even larger step taken this morning, as the Detroit Free Press reported that GM was idling its Factory Zero plant in Michigan until late November, placing about 1,200 workers on indefinite layoff status.
This is in addition to the 280 employees it has already laid off after production cuts that happened earlier this year at the Detroit-Hamtramck plant.
After November 24, GM will bring back 3,200 people to work until January 5 to operate both shifts. On January 5, GM is expected to keep 1,200 workers on indefinite layoff.
GM is not the only legacy automaker to make a move like this, as Ford has also started to make a move that reflects a cautious tone regarding how far and how committed it can be to its EV efforts.
After the tax credit was lost, it seemed to be a game of who would be able to float their efforts longest without the government’s help. Tesla CEO Elon Musk long said that the loss of these subsidies would help the company and hurt its competitors, and so far, that is what we are seeing.
Elon Musk was right all along about Tesla’s rivals and EV subsidies
However, Tesla still has some things to figure out, including how its delivery numbers will be without the tax credit. Its best quarter came in Q3 as the credit was expiring, but Tesla did roll out some more affordable models after the turn of the quarter.
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