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TIP593: Elon Musk by Walter Isaacson
We Study Billionaires - The Investor’s Podcast Network
Elon Musk's Manufacturing Strategy and Life Lessons
Elon Musk's manufacturing strategy involved setting the goal of producing 5000 cars per week, which he achieved by questioning every requirement, deleting unnecessary parts or processes, simplifying and optimizing, accelerating cycle time, and automating as the last step. This approach, termed 'the algorithm,' enabled Tesla to become a significant car company. These principles can also be applied to various aspects of life and business, including task performance, hiring processes, and content creation.
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