• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechTesla

Has Elon Musk become a risk to his own investors? ‘I’ll say what I want and if the consequence of that is losing money, so be it’

Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
Christiaan Hetzner
By
Christiaan Hetzner
Christiaan Hetzner
Senior Reporter
Down Arrow Button Icon
May 17, 2023, 12:07 PM ET
Tesla CEO Elon Musk
Tesla CEO Elon Musk may be becoming a risk to his investors.MICHEL EULER—POOL/AFP via Getty Images

Interviewer David Faber winced noticeably as if he knew that he inadvertently handed Elon Musk a rope to hang himself with and now was forced to watch as the tycoon slowly fashioned a noose.

Recommended Video

The remarkable exchange on CNBC revealed just how a talismanic CEO could end up posing as much of a danger to his own investors as a boon.

Moments earlier, Faber lobbed a query over to Musk: Does sharing his deeply personal opinions with 140 million followers on social media damage his sprawling business empire?

Glancing away for a few seconds, Musk paused in silence as he searched for a suitable way to articulate himself.

Eventually, he began to recall a scene from 1987’s classic film The Princess Bride  where Iñigo Montoya, having bested the man that murdered his father in swordplay, now has the villainous Count Rugen dead to rights .

“He says: ‘Offer me money, offer me power,” Musk paraphrases roughly, as the scene plays out in his mind. Fixing Faber squarely in his sights, he plunged the next words in slowly and deliberately. “I don’t care.”

A stunned Faber can only repeat the words back at him as the full weight of what he just heard dawns on the interviewer—”You just don’t care.”

Musk, his gaze not wandering one bit this time, asserts: “I’ll say what I want to say—and if the consequence of that is losing money, so be it.” 

Silence followed as Musk allows his words to sink in.

It’s one thing to be a star athlete or Hollywood actor that commits a tasteless and insensitive gaffe. Worst comes to worst they might only lose their job and their fame. 

By comparison, Musk runs a company upon which dozens of suppliers depend, employing 110,000 workers at Tesla alone and serving millions of customers.

He moreover carries a fiduciary responsibility to his own shareholders. Much more is riding on the line than the loss of his own vast fortune. 

Musk under fire over Soros tweets

Earlier that day, the Israeli government warned his incendiary remarks regarding Jewish billionaire and philanthropist George Soros, who Musk compared with a comic book supervillain, threatened to incite anti-Jewish bigotry.

Jonathan Greenblatt of the Jewish advocacy group Anti-Defamation League meanwhile called his comments dangerous.

“It will embolden extremists who already contrive anti-Jewish conspiracies and have tried to attack Soros and Jewish communities as a result,” the ADL CEO said.  

CNBC’s Faber attempted a second time to toss Musk another softball. Surely he didn’t want to get sucked into an online debate over whether the Allen, Texas murderer was a racist or not?

“Yes,” Musk countered, perhaps unaware Texas police have confirmed shooter Mauricio Garcia harbored neo-Nazi sympathies from his clothing and tattoos. “Because we should not be ascribing things to white supremacy if it’s false,” the Pretoria native said.

Nothing will distract Musk from voicing his views, however controversial they may be. And while this may make him a darling among those sick and tired of today’s cancel culture, investors expecting a return for their risk are hereby warned.

Coins2Day Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Coins2Day Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Author
Christiaan Hetzner
By Christiaan HetznerSenior Reporter
Instagram iconLinkedIn iconTwitter icon

Christiaan Hetzner is a former writer for Coins2Day, where he covered Europe’s changing business landscape.

See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.