Elon Musk: A lot of people 'don't want to work' once they become wealthy

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'For a lot of people once they become independently wealthy they just can't bring themselves to work or they just don't want to work.' Elon Musk said he believes people lose the desire to work once they become wealthy.

Tesla CEO Elon Musk at the 29th Annual Baron Investment Conference in New York City on November 4.Elon Musk made a surprise appearance at the Baron Investment Conference in NYC on Friday.

"A lot of people once they become independently wealthy, they just can't bring themselves to work," the billionaire said.During ain New York City Friday, billionaire Elon Musk said he believes people lose the desire to work once they become wealthy. "So as a company has prosperity and then people become wealthy, then for a lot of people once they become independently wealthy they just can't bring themselves to work or they just don't want to work," Musk said, speaking to a crowd of mainly affluent clients at the annual Baron Investment Conference.

He continued:"And that's totally understandable and no judgment. I mean I have a lot of friends who are extremely talented and they had some success earlier in life and they just decided that was enough for them." Musk's remarks come on the same day that Twitter began slashing up to 50% of its workforce on the heels of the billionaire's $44 billion acquisition of the social network. Staffers were first warned of pending layoffs in an

 

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I don't desire to work now. I HAVE to work. I desire to go to the Bahamas

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