Leadership & Management: Tesla and Elon Musk

This article explores the leadership and management strategies used by Elon Musk in leading Tesla and SpaceX. It discusses the characteristics of great leaders and analyzes theories such as the Great Man theory, Path-goal theory, and transformational theory. The article also examines the critic view and practices on Elon's career and leadership style.

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Leadership & Management
Tesla and Elon Musk

LEADERSHIP & MANAGEMENT 1
Introduction
Leadership is basically a process to influence the behaviors of others and works for the
goal and objectives of the company. In multinational companies, some strategies are
used by the leaders to lead their employees to accomplish those objectives for which
the company is working. There are some characteristics involved in great leaders such
as confidence, communication, power of influence, decision making and goal setting
strategies (Burton, 2015).
Every organization has its leader, president or CEO. The leader of any organization
expectedly finishes his job which is specified by informing the values of the association
the individual signifies (Patole, 2015).
Leadership abilities are required by a manager to control the organization's work
environment effectively. A successful manager will probably identify aptitude skills to
accomplish key objectives also manage its leadership improvement. A leader assesses
the effectiveness of the initial strategies and encourages a healthy and safe
environment that helps a culture of quality (Bush, 2010). Leaders have a great effect on
our everyday lives. In all sorts of challenges, there is constantly the requirement for
strong leadership. The accomplishment of a business or industry is resolute by the
leaders it picks or acquires. Leadership goals, successful career, and safe work
environment these words can be implemented on Elon Musk and his organizations
Tesla and Space X.
Elon Reeve Musk was born in June 1971, a South African – American born business
person. Elon organized X.com in the mid of 1999, which later changed in PayPal. Apart
from this Musk established Tesla in 2003 and SpaceX in 2002. Musk transformed into a

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multimillionaire in the age of 20 when he sold his new business, Zip2, to a division of
Compaq Computers. Musk emerged as really newsworthy in 2012, when his
organization SpaceX launched a rocket that would send the essential business vehicle
to the International Space Station. He strengthened his portfolio with the purchase of
Solar City in 2016 and set up his staying as a pioneer of the business by taking on a
notice work toward the start of President Donald Trump's association (Biography, 2016).
With Tesla, Elon is the fellow benefactor, CEO, and products architect of the company,
the company committed to creating reasonable, mass-showcase electric vehicles just
as battery items and solar roof. Musk directs all item development, building, and
structure of the company’s products. After 5 years its development, in 2008, the
organization uncovered the Roadster, a sports car equipped for accelerating from 0 to
60 mph in 3.7 seconds, too voyaging about 250 miles between charges of its lithium
particle battery. With a stake in the organization taken by Daimler and a vital association
with Toyota, Tesla Motors propelled its first sale of stock in the mid of 2010, raising
226$mn (Biography, 2016). Elon is well known for his big vision and optimistic thoughts.
His followers believe in his vision and ideas. Through his childhood living conditions,
Musk has built up the vital administration characteristics of being (1) a proactive
student, (2) a diligent employee, (3) a strong visionary, furthermore, (4) an enduring
positive thinker, which still impact his achievement today. Organizations can't repeat
Musk's lifetime of involvement in their representatives. In any case, organizations can
breed initiative characteristics, (for example, those exemplified by Musk) in their
representatives by (1) building up a learning culture, (2) driving from the front, (3)
keeping a mission explanation, and (4) encouraging energy in the work environment.

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There are millions of followers of Elon Musk; he has created a huge fan base by his
innovative ideas and big visions for his business (Vance, 2017).
This contextual analyzes the characteristics of good leadership skills, and what styles
and qualities an individual should have in order to be a good leader and also a
manager. This report will also assess the leadership and management theories such as
Great man theory (Trait theory), Path-goal theory, and transformational theory. It will
also analyze the critic view and its practices on Elon’s career and leadership style.
Leadership theories and its implementation
Leadership and Management have been an essential topic in the corporate, political
and military arenas. However, in spite of the problems and challenges incurred in a
leading organization, leadership has until recently, established limited attention in the all
sector. Past some decades has seen a marked growth in the time and resources
dedicated to recognizing and expanding corporate leaders.
Leadership and management theories endeavor to contribute to better leadership by
examining the key characteristics that make a leader successful and analyze actions
that elements include the management system might take to progress the quality of
leadership. Leadership and management theories consider several different key points
that analyze how a leader drives an organization and its employees.
Leaders are naturally thought to be more inspiring, visionary humble and ethical while
managers are usually expected to be more managerial and structured. Each job has
important value to the company and can run the company towards the accomplishment
of purpose and objectives the right situation.

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Leadership and Management are often measured basically overlapping process.
However, both are the two different aspects of management which cannot be divided.
There are various facts of management states that leadership and management are two
different concepts (Bohoris & Vorria, 2015).
There is a various definition of leadership and the most common description of a Leader
is an individual who has supporters and admirers, and also who gain supporters and
admirers and influence but with respect to integrity and compliance. Several theories
state that leadership is not diverse from the social influence procedure occurring
between all the fellows of the group and several others state that leadership is
everything, an individual doing in order to achieve the success of its organization
(Sharma & jain, 2013).
However, one question always raised by many that leaders are born or made, and there
are various answers to this question and it is unexceptionable that to be a great leader
is not easy, an individual should have several qualities such as confidence, risk-taking,
innovative ability, and visibility (Sharma & jain, 2013).
Several theories state that management is an art, and some others define that it is a
science. Basically, management is a procedure which is utilized to run a business and
helps the organization to perform well and earn the profit.
Hence a well-managed organization must have the mix of a leader and a manager to
accomplish the goals.
When we talk about a great leader and also a good manager, there is one of the
examples that is Elon Musk; he is a well-known personality in Silicon Valley. Musk is the
co-founder and CEO of Tesla. Manage the operation of the company. Tesla was

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established in 2003 (Tesla, 2018). Tesla is one of the companies which create electric
and infinitely scalable clean energy generation and storage merchandises. Elon musk
always initiates social change across society (Musk, 2013).
Some intellectual people introduce several leadership and management theories. Path-
goal theory is one of the theories which can explain leadership qualities.
This theory stipulates the style or behavior of a leader that best fits the employee and
work culture towards achieving aims and objectives, and it aims is to motivate
employees and give them satisfaction, safe environment and freedom to share their
feedback (Ma, 2015).
Elon Musk is one of the greatest leaders of the 21st century. A Path goal theory can be
applied to Elon’s successful career. Elon’s leadership practices over a collection of
situations are flawlessly described by Path-Goal theory. One example can consider by
the incident, where one of Tesla’s employees get injured at the company's plant. When
Musk comes across this issue he sent an e-mail to the Tesla staff. According to that e-
mail “It breaks my heart when anyone gets injured, I told that every injury needs to be
reported directly to me unexceptionally, I want to meet every staff member whoever
gets injured so that we could understand the situation and could take actions
accordingly and also find the area which needs to be improved, then I myself will go to
the production floor and do the task like exactly they do (Browne, 2019). With this e-mail
with an impressive message, Musk demonstrates the two of the four styles of
leadership. (1) Musk used supportive leadership by stating that he cares his
organization staff members and also he is eager to take necessary action for their
injuries. He additionally engages to be supportive by saying that he wants to create a

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safe work environment. This shows the supportive leadership which needs a leader to
be caring to his staff members and create a safe culture and environment. (2) Musk said
that he will go to all the injured staff members and get information from them on how to
create their job safer and after that he will try that task once himself so that he could
understand the staff’s perception (Mckenzie, 2018). With this scenario, Musk utilizes
participative leadership, this leadership style states that a leader needs to include
followers and while verdict making they talk to the staff members and appreciate them
to give their opinion and feedbacks. Elon is a great manager as he knows that Tesla’s
employee are the valuable assets for the company and there is nothing important than
staff’s safety. This theory also states that leaders not only will advise the valued aims
and objectives of the organization but also give a path that how to accomplish them
(Juneja, 2018).
There are many crises of this theory; it states that the link between leadership qualities
and efficiency is dependent on several variables such as employee’s characteristics and
work culture’s characteristics. According to this theory a leader must know about their
staff members and the conditions they end up in with the aim that the best probable
initiative style can be picked Elon seems to have known that this situation of harmed
laborers did not call for mandate or accomplishment situated initiative, yet rather strong
and participative (Gliddon, 2018).
However, some of the qualities will be effective in some situation and but not
everywhere. A leader can be directive only when the task is new and not repetitive, and
also if staffs are not able to do the task that directive approach may be unnecessary,
however, there is supportive style can be used (Juneja, 2018). In the case of Tesla,

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Musk’s approach for an injured employee does not show that he is directive or
achievement-oriented, hence, yes he is supportive and participative too (Snyder, 2018).
There are various diverse models out there of Musk displaying order and
accomplishment situated authority. Apart from the Path goal theory, Great man theory
also evaluate that leaders contain those traits and characteristics which make them
diverse from others. There are several traits this theory describes such as big vision,
confidence, integrity (Lord, 2017).
GMT changed into trait theory. This theory contains those traits and characteristics
which play a major role in order to achieve success also make people believe that they
are able to achieve the goal. There are several personality traits which a leader has
such as innovative, self- motivational charisma, communication skills, and social skills.
There are two assumptions of this theory: (1) Leaders are born not made and have
several personality traits which were natural. (2) Great leaders mostly arise when there
is a great social requirement (Amanchukwu, 2015).
This theory again assessed in the 19th century, some historian commented on this
theory and states that a leader is an individual gifted with several unique qualities that
capture the imagination of the commonalities and is a person who achieves success
against all odds for his supporters and admirers (De Vries, 2011). The theory induces
that individual with noteworthy impact reserve the privilege to be there a consequence
of their uncommon advancement. Moreover, the speculation battles that these qualities
remain stable after some time and across different get-togethers. Thusly, it prescribes
that each and every mind-boggling leaders share these trademark paying little regard to
when and where they lived or the definite activity in the history they fulfilled (Ray, 2013).

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Elon Musk has all the traits which this theory indulges. Musk has that ability which
makes him different from other people. Here are some personality traits which can be
very well implemented on Musk’s successful leadership.
According to Trait theory, Innovation is considered to be a good quality of a leader.
Musk is born innovative, while other children use to play the video game, Musk has
created his own video game at the age of 12 (oliver, 2017). Musk's inborn feeling of
interest stems to a great extent from the surprising measure of autonomy he
encountered as a tyke. Since his family was separated when he was just nine years of
age, Elon and his sibling Kimbal have left a great part of the opportunity to investigate
the world all alone (Nagelhout, 2016). Musk created his own company in his adult
career space x after that he created Tesla. Tesla was one more approach to being
innovative in his career. Musk launched Tesla with the mission to accelerate the
transition across the world and sustainable energy. Today Tesla is not only producing
electric cars but also produces all the products which are infinitely scalable clean energy
generation and storage products (Tesla, 2018).
Elon musk words while press conference states that “their purpose while founding Tesla
10 years prior was equivalent to it is today: to quicken the coming of reasonable
transport by putting up convincing for sale to the public electric vehicles to showcase at
the earliest opportunity. If they could have done that with their 1st product, they would
have, however that was basically challenging for a new business that had never
constructed a vehicle and that had one innovation emphasis and no economies of
scale. Company’s first item would have been costly regardless of what it resembled, so
they decided to manufacture electric vehicles, as that appeared as though it had the

LEADERSHIP & MANAGEMENT 9
most obvious opportunity with regards to being focused with its fuel options (Press
release, 2017).
Innovative ideas of Musk are always brought criticism but his followers always believe in
his visions.
Being self-motivational also the quality of a leader. According to this personality trait
Leaders are mostly self-motivational they do not need anyone to motivate themselves
and they motivate their staff and employees (Moffett, 2018). The very first action is to
begin that something is possible to do; then the probability would arise – Musk said
(The Guardian, 2019). Musk was wavering optimistic and motivated person and a
leader. Elon’s ability to fail does not separate him from others, he makes himself
different by being self-motivational and optimistic and enthusiastically convinced that he
will be successful next time. After prolonged expansion of Tesla’s new model, a vehicle
burst into fire while test drive but did not fed up and gave his contradiction to people,
“For clients concerned about the risk, there is no doubt that it is safe to charge a battery
of a car rather than a big tank filled with the huge quantity of flammable liquid (Yauney,
2018).
“Once you figure out the question then the answer is relatively easy.” – Elon Musk
(Patrick Davidson, 2018).
These lines by Elon musk prove that his visions are always big. Achieving big success
is only possible when the vision is big.
Elon Musk did just not create Tesla but he also introduces the Space X which aims to
reduce the cost of space exploration by producing the reusable rockets (Tesla, 2018).

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One of his qualities of being bold visionary in his teenage Musk often spent time pouring
over religious and philosophical texts. When someone asked which kind of work he likes
to do and his the response was equally unique as unique himself: the comic science-
fiction novel (Yauney, 2018).
Musk's one of the extraordinary vision of an incredible future with zero outflows. At
Tesla, Musk is attempting to create an entire doable imperativeness environment
network, Tesla in like manner manufactures a unique game plan, Powerwall, Power
pack, and Solar Roof, enabling property owners, associations, and utilities to regulate
supportable power source age, amassing, and usage. Backup Tesla's vehicle and
imperativeness things are Gigafactory 1 – an office planned to through and through
reduces battery cell costs. By getting a cell age house, Tesla makes batteries at the
volumes needs to meet age objectives, while building a substantial number of
professions. Elon Musk's dreams are in every case huge (Musk, 2013).
However, a significant number of the attributes referred to as being critical to be a
successful leader is common masculine qualities. In contemporary research, there is a
need for critical changes in such an approach (Rehman, 2016). With the case study,
Elon has such traits which are commonly a man has. So these traits do not strongly
prove that he is born leader.
Apart from all the qualities, being transformational also makes a leader unique from
others. Transformational Leadership Theory presented by James Burns, This theory
defines a continuum on which transformational models are opposite. Such leaders on
the interchange of rewards in return for the staff’s struggle, whereas such leaders focus
on advanced order intrinsic requirements, transcending a person’s temporary goals.

LEADERSHIP & MANAGEMENT 11
This theory can be found in all process and levels of any company. Transformation
leaders are usually visionary, motivator risk taker, inspiring and daring. These leaders
often have charismatic appeal. However, charisma alone is not sufficient for fluctuating
the method an organization utilizes. There are 4 aspects of Transformational theory are
Inspirational motivation, Idealized influence, individualized consideration and Intellectual
stimulation (wiltshire & Malhotra, 2018).
Elon Musk is the quintessential example of a transformational leader, as he displays all
four aspects with his leadership style.
Inspirational motivation is one of the aspects of this theory. The substance of the
transformational theory is the movement of big vision, mission, and a lot of features to
the people. Their vision is convincing to the fact that they appreciate what they need
from the organization. These leaders direct their devotees by giving them emotional
support to cope-up with the challenges. They work vigorously and ideally to authorize
the spirit of coordinated effort and responsibility (wiltshire & Malhotra, 2018).
In what was apparently the best showcase of authority in the historical backdrop of
Silicon Valley, Elon rose to the event when his organization space x endured a
cataclysmic misfortune amid the third dispatch of its Falcon I rocket, bringing about both
a fizzled mission and lost NASA payload. This occasion was so crushing for the
organization that previous head of ability securing for space X, Molly Singh, said ”it
could send the organization into descending winding, from which we might not have
ever recuperated. A disappointment in the initiative would have crushed us not just from
the eyes of the press or potential purchasers, yet it would have obliterated us inside"
Musk's response was to walk over the past the press and address his company

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straightforwardly (Vance, 2017). In his discourse his initially involved thoughtfulness
regarding the perfect ending of the principal phase of the rocket, at that point reported
that musk has verified subsidizing for 2 extra dispatches, and he continued to rally his
beaten and dispirited group to concentrate on work ahead by promising to them, "as far
as concerns me it will never surrender, I mean never". Here is the reaction of the
organization as portrayed by Molly Singh: "I consider most us would have tailed him into
the entryways of damnation conveying suntan oil after that. It was the most noteworthy
showcase of administration that I have ever seen. Inside minutes the vitality of the
structure went from sadness and annihilation to an enormous buzz of assurance as
individuals concentrated on pushing ahead as opposed to thinking back. This move
happened all in all, over every single 300+ individuals in a matter of not over 5 seconds"
(Vance, 2017).
They immediately recognized the reasonable defense of the mishap, created a whole
new rocket in about a month and a half and propelled the world's absolute 1st secretly
fabricated rocket to accomplish Earth circle only seven weeks after the accident. It was
a 100% effective dispatch and landing. This reliable presentation of character despite
amazing test prevailed upon his adherents and set their trust on him as their leader; it
was not Musk who constructed the 2nd rocket in about a month and a half, all things
considered, it was his representative, SpaceX defeat unfathomably difficulty to make the
world's 1st reusable rocket (Thomson, 2018). This exhibition of the initiative is only one
of the many precedents where Elon shows his capability to express his vision and duty
so that he leaves all of his adherents enlivened to take on test after even they thought
they were out cold.

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Intellectual stimulation is another aspect of the transformational theory. According to
this aspect, a leader needs their followers to be innovative and creative. They
strengthen new ideas from their fans and admirers and never criticize them publically for
the faults they committed. The Leaders center on the "what" in problems and do not
focus on its condemning piece. They have no indecisive in placing of an old training set
by them on the off chance that it is learned incapable (Ercetin, 2018).
Intellectual stimulation might be his most prominent quality, is how much the leaders
challenges suspicions, goes out on a limb and requests supporters' thoughts. Elon is no
stranger to dangers and even less so to testing presumptions. In addition to the fact that
he invested 33% of his own fortune in his organizations, still, he did as such in "an
industry so actually troublesome and capital concentrated that it has had a place with
world's most extravagant governments". His eagerness to address things that other
individuals underestimate might be better described by his amazing achievement of
diminishing the cost to dispatch a rocket into the geosynchronous circle from USD300
mn ( offered by joined launch Alliance delta) to $60mn. He did this by Aristotle
portraying "the primary premise from which a thing is known" (Vance, 2017). Normally
found in material science and arithmetic, this strategy for critical thinking enables the
examiner to see the circumstance for what it genuinely is, without working under any
suspicions. For instance, when Musk was measuring the expense of building the
principal Space X rockets, he could have basically utilized similar items available as a
benchmark. Rather, his group dissected the essential pieces of a rocket, at that point
looked into the costs of the crude material of parts firsthand. Subsequently, the SpaceX

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group was amazed to discover that they could accumulate a rocket that just expenses
around 2 percent of the run of the mill cost.
Another dimension idealized influence can also be called as charisma, is the grade to
which the leader assist as a powerful and confident role model, attractive to admirers
with emotional level. Musk states his confidence in his vision in a possible way: by
investing money where his thought goes (Sharma & Chaudhary, 2019). In Silicon the
world's epicenter for new companies and development another businessperson who
see achievement like Musk's utilization their involvement in making fruitful new
companies persuade financial specialists to subsidize their high hazard attempts, Musk
does not. Rather he "walks the talk" by putting his very own fortune into his task indoor
pass on design. This gives an alluring model of the suitable conduct he hopes to see
from his supporters. As attributional hypothesis clarified, by presenting himself to the
dangers of monetary misfortune, his supporters may pick up the knowledge to his
hidden intentions, enabling them to foresee his reaction to future occasions, along these
lines diminishing vulnerability in their very own future (Owens, 2018).
The leaders go about as genuine precedents that aficionados hope to copy. Such
pioneers reliably win the faith and respect of his supporters through their action. Such
leaders reliably win the faith and respect of his supporters through their action. They
usually place their supporters requires over their own, compensation their own
increments for them. With Individualized Consideration, dimension leaders go about as
mentors to their aficionados and reward them for ingenuity and improvement. The
supporters are managed in a different way as established by their blessings and data.

LEADERSHIP & MANAGEMENT 15
They are allowed to settle on decisions and are always given the expected help to
accomplish their aims (Mathew, 2015).
Singular thought is how a leader takes care of every supporter's need, going about as a
tutor or guide. Musk does this in an honestly unpredictable way; nevertheless, of
whether it is defining unlikely purposes, verbally manhandling representative or working
them to be bone, it's comprehended that he is just pushing his workers to their limits so
they may get through and surpass even their very own desires. The phrase “Space X is
like Special Forces” is deeply infused in SpaceX. It also reflected in the job posting.
Musk intentionally gives both “Elon ass kicking" and "motivational talks" purposely, and
never did personal attacks but criticizes the task by being a good directive leader.
"When he does this, he knows about it; he is likewise likely mindful the amount it sucks
on the less than desirable end, however, he realizes you will surpass your own desires
on the off chance that he keeps the warmth on. It's deliberate, and it's splendid (Owens,
2018).
Some may consider this to be harsh, negative and conflicting to what transformational
hypothesis portrays, yet some contended that it isn't opposing in any way.
This theory gets some intellectuals who see as it has uncertain nature, negative and
contradictory to what this authority practices, but it is concluded that it is not
contradictory, as some recognize that ambiguous nature of transformational behaviors
to take into consideration their application in both "great" and "bad" context. They made
a point to vary between two sorts of transformational pioneers; (a) real transformational
leaders and (b) pseudo-transformational leaders. While both kinds of leaders show the
four dimension qualities to the transformational leader, there is a difference between

LEADERSHIP & MANAGEMENT 16
these two types of leaders lies in their intentions guiding their activities. Authentic
transformational leader concentrates on promoting the common better of the group
while pseudo seek to improve their own position (Al-Syaidh, 2016). Elon is minded of
weights he puts on his gatherings and reliable does in that capacity in a specialist way
which maintains a strategic distance from individual attacks. He may not be the most
thoughtful pioneer once in a while; nonetheless, he is persistently moving his delegates
to look past their current physical situation to focus on the affiliation's total destinations.
A few incorporate that it was never about cash, however taking care of issues for the
eventual fate of humankind. Any theory that he may really be a pseudo-transformational
leader should consider his eagerness to flop monetarily so as to accomplish his
objectives such proof gives a convincing contention that he isn't aiming to upgrade his
own status at the expense of the gathering. Elon’s organizations are mostly working for
social change whether it is Tesla or Space X (Biography, 2016).
There are a few additional theories which assess the leadership and the management.
Many research conducted in the 18th and 19th century, the leadership had been
thought to be an individual attribute which was independent of the situational setting.
This presumption has now been to a great extent portrayed by crafted by Stodgily who
in 1948, broke down 124 examinations on the initiative. This irregularity drove him to
infer that “a sufficient examination of administration includes investigation of the leader,
yet in addition to circumstance". This basic refinement is significant on the grounds that
it differentiates the accepted way of thinking that leaders are conceived, with the
particular quality of initiative being directed enormously by the given situational factors.
Transformational leadership theory does not unequivocally separate between

LEADERSHIP & MANAGEMENT 17
inalienable attributes and logical practices, and there is space for the extension of the
four features to incorporate a few factors to represent this hole. While the high
connection between aspects scores saw in the meta-investigation may show a corona
predisposition, it is essential to think about how conceivable it is that it might really
demonstrate a genuine radiance. The setting of administration practices is, after all
seeing one end of the value-based change authority range. Hence these theories can
be implemented on Elon Musk Leadership style. According to Path goal theory, Elon
was participative and supportive with their staff and employee of Tesla, However, he
was not directive, also those characteristics were only highlighted when his employee
get injured. Apart from this scenario where Tesla's employee gets injured, there is no
such characters have been seen in Musk's leadership before and he often pushes their
employee to work more. This is more impressive than his other three organization's
sales around 10times higher than Tesla. His leadership style had not been far profitable
to him, as Tesla lost around 2bn. Investors are not valuing Tesla (Ball, 2018).
Also being charismatic helps Musk to get fame and to create a huge fan base but being
an idealized influencer can only influence his followers, and this will not lead to
achieving the success of his company Tesla. The company producing cars quickly and
reliably enough to satisfy the market and his fan base also, to remain in front of its a lot
greater opponents, who are making up for lost time rapidly in the electric vehicle
advertise. Tesla is attempting to hit its generation targets, and having quality worries in
the scrabble to hit them. It is battling with the consequence of a takeover of Solar City
presently viewed as not recommended. What's more, basically, it's consuming around
$1bn (£776m) in real money each quarter, against an obligation heap as of now in

LEADERSHIP & MANAGEMENT 18
abundance of $11bn (£8.5bn). It's time to take care of business. So at that point,
reasonable financial specialists must be concerned at their CEO's undeniably flighty
conduct and evident absence of focus in his center task (Ball, 2018).
However, still, these theories are the big unsolved. Being visionary and Investments in
various sectors makes him different from many leaders. He recognized space travel as
one. Vitality is another. In the event that he hits the nail on the head, we'll be discussing
what a splendid move this was. In the event that he doesn't, we will talk about how
idiotic it is. We need to give him credit as at least he is putting down the wagers, while
everybody cannot even think about.
Conclusion
It is concluded that a leader must have all the skills that lead an organization to achieve
success.
They have to be directive, participative supportive to their staff and employees to
encourage its employee to work more. A leader should be innovative and visionary, the
goal of affiliation is to accomplish whole deal sensibility, keep up money related
robustness, while effectively running their regular exercises. This target can be
endangered if the affiliation does not effectively and profitably respond to conditions and
perils by recognizing a corporate strategy.
Likewise, pioneers require to give close thought to performance factors by creating a
fantasy, being (and propelling) versatility and modification, collecting more grounded
associations and agendas with agents and customers, connecting with laborers at all
measurements to settle on decisions and renovation, while meanwhile keeping
unsettled money related restrictions.

LEADERSHIP & MANAGEMENT 19
These characteristics should be grasped in a dependable and propitious structure while
considering tradeoffs, developing circumstances, and the need to keep up a positive
legitimate culture. A strong authority gathering can help a pioneer in accomplishing this.
There is no uncertainty that Musk’s prosperity as a business visionary is inconvertible.
With organizations he jumbled like PayPal, Tesla, and SpaceX in his planning of fruitful
new businesses, he is apparent as one of the globe’s best business visionaries. His
achievements keep on hypnotizing the globe, inciting the subject of how he does it. All
the theories can easily be implemented on his life and successful career, either it is
path-goal theory or transformational leadership theory or trait, also these theories can
be easily critiqued with Tesla’s downfall.
Elon had once confronted the crisis that may take his organization's life however he had
figured out how to spare his organizations for a few times because of his capacity to
connect with hazard and reality in basic leadership.
Through his firm principles for diligent work, steadiness, and advancement, he has
changed three of the greatest enterprises on earth.
The implication of this research suggests an investigation into the feasibility of
incorporating Elon’s approach to employee development, should one seek to replicate
his success in other instances. Further study of Musk and his leadership style is highly
recommended.

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