Elon Musk’s business empire is at risk as Harvard professor warns of instability

Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, has long been regarded as one of the most influential figures in the tech industry. His ventures in electric vehicles, space exploration, and artificial intelligence have attracted both widespread admiration and intense scrutiny. However, according to Harvard Business School professor Mihir A. Desai, Musk’s financial empire may not be as stable as it appears. Writing in the New York Times, Desai argues that Musk’s wealth is largely dependent on the high expectations of his loyal investor base, creating a fragile foundation that could lead to significant financial instability. This perspective raises concerns about the sustainability of Musk’s business model and the potential impact on his enterprises, particularly Tesla, which has seen a recent decline in sales and profits.