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Why John Sculley Most Admires Tesla CEO Elon Musk

July 7, 2023
in Trade Tube
Reading Time: 1 min read
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Tesla’s (TSLA) Elon Musk is the CEO former Apple (AAPL) CEO John Sculley most admires today, saying that he is the CEO closest to Steve Jobs in terms of innovation. ‘Musk is literally inventing entirely new industries,’ said Sculley. ‘He’s taking on ambitious projects that most of us wouldn’t even think about as possible, and he’s turning them into incredibly valuable businesses with products that people love.’ Sculley said look no further than Tesla Motors. ‘Can you imagine if Tesla had been started as a joint venture between General Motors (GM) and Tesla?’ asked Sculley. ‘What it might look today? It might look like the Chevy Volt. And what did he to? He took on a project that almost bankrupted him, he made his money with PayPal, yet he created a company today that has half the market cap as General Motors.’ Sculley said Musk then went on to create Space-X, and he’s having terrific success, and followed that by launching Tesla Energy. ‘This is a man of just incredible talent, he’s a 360 executive, one who can manage every aspect of what it takes to build a successful business,’ he added. Sculley is the author of the book “Moonshot!” which examines strategies executives can use to create transformational businesses.

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