Elon Musk’s Approach to Risk

What's your approach to risk?

I literally just try to use a scientific method, frankly, and, you know, consider the, you know, what, what is the importance of the outcome and what, what is one risking in order to achieve that outcome? And but like I said, if the outcome is important enough, even if the probability of success is low, one must, I think, still, still do it.

In my view, it's funny, our business is so easy. Other people have already done what you consider risk. So for me, I'm like, is it really a risk when it's proven? And then you have to kind of take into account the risk of not doing stuff, in my opinion, is bigger than the risk of doing things.