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Love him or loathe him, Elon Musk is champion, could save US govt a fortune

Business Standard LogoBusiness Standard5h ago

Love him or loathe him, Elon Musk is champion, could save US govt a fortune - Business Standard

Quick Summary:

He championed cost-benefit analysis and a data-driven approach to decision making, and was keen on reducing bureaucracy and promoting accountability in complex governmental processes.

Tesla’s factory in California went from being the least productive car manufacturing plant in the US when it was owned by General Motors, to the most productive under Musk’s ownership.

These people – and there are many other examples around the world – were brought into the political sphere because of the knowledge and vision they have demonstrated in the private sector.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 14:06:31 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 927 words

Reading Time: 6 minutes read

Sentences: 48 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23789451

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 110 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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