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Elon Musk says it's 'very, very hard to start a business and have it succeed' at Wisconsin town hall

  • 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.

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