Elon Musk spoke at a town hall in Green Bay, Wisconsin and commented on the difficulty of starting and succeeding in business.
Musk emphasized that a company's success relies on the value of its products and services, and ensuring that the value exceeds the cost.
He mentioned Tesla and Ford as the only major US automakers to avoid bankruptcy and highlighted the challenges of making the value of output exceed the cost of input.
Musk also acknowledged the decline in his net worth due to the drop in Tesla's stock price and discussed the financial impact of his involvement with DOGE.