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Abstract:Elon Musk has a 67% approval rating from Tesla employees and an 89% approval rating from SpaceX employees, as of Monday morning.
Tesla and SpaceX CEO Elon Musk has fallen from the job-review site Glassdoor's ranking of the top 100 CEOs.
Musk ranked 49th in 2018 and 8th in 2017, based on ratings from SpaceX employees.
Musk has a 67% approval rating from Tesla employees, down from over 80% in early 2018, and an 89% approval rating from SpaceX employees, down from 94% in 2018, as of Monday morning.
SpaceX and Tesla did not immediately respond to Business Insider's requests for comment.
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Tesla and SpaceX CEO Elon Musk has fallen from the job-review site Glassdoor's ranking of the top 100 CEOs.
Musk ranked 49th in 2018 and 8th in 2017, based on ratings from SpaceX employees. Feedback from Tesla employees does not appear to have been included in those rankings.
Musk has a 67% approval rating from Tesla employees, down from over 80% in early 2018, and an 89% approval rating from SpaceX employees, down from 94% in 2018, as of Monday morning.
A Tesla representative said the electric-car maker is on pace to receive more job applications this year than in 2017 and 2018 and directed Business Insider to LinkedIn's 2019 list of the most sought-after companies in the US, in which Tesla ranked 16th, and Forbes' 2018 list of the world's most innovative business leaders, in which Musk ranked second.
SpaceX did not immediately respond to a request for comment.
Read more: 70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon Musk
Employees at both companies have in Glassdoor reviews praised their work environments and the opportunities they provide to work on meaningful projects, but have criticized the long hours and poor work-life balance they encourage.
Tesla employees have also criticized the company's upper management, with some reviews from this year highlighting poor planning and communication.
Musk's CEO-approval rating is lower than those of auto-industry rivals Jim Hackett (70%) and Michael Manley (70%), the CEOs of Ford and Fiat Chrysler, respectively, but higher than that of General Motors CEO Mary Barra (66%).
In the rocket industry, Musk's approval rating is higher than those of Blue Origin CEO Jeff Bezos (81%) and United Launch Alliance CEO Tory Bruno (66%).
Musk has received criticism for his erratic behavior in the past year, including Twitter posts that have led to lawsuits and $40 million in fines from the Securities and Exchange Commission. Tesla employees told Business Insider in 2018 that Musk was inspiring and intelligent, but also impulsive and stubborn.
Have you worked for Tesla? Do you have a story to share? Contact this reporter at mmatousek@businessinsider.com.
Read more:
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The big question about Tesla demand makes no sense. The company has created demand where there was none before.
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Elon Musk has issued a stark warning about the US's financial stability, suggesting that the country is heading toward bankruptcy "super-fast" unless drastic measures are taken. The billionaire's financial commentary comes amid Bitcoin's retreat from its anticipated $100,000 milestone. The cryptocurrency recently fell to just above $95,000, down from a high of $99,000.
The global market reacts to various developments, including Tesla's profit miss, China's interest rate cut, Bernard Arnault's net worth decline, and typhoon Gaemi's impact. The Mt. Gox compensation, Lineage Inc.'s IPO, and Netanyahu's speech in the US Congress also influence market dynamics. European banks' mixed performance, Canada's rate cut, and Russia's sanction issues add to the market fluctuations, along with South Korea's GDP contraction and stable oil prices.
Tesla faces ongoing struggles with profit misses, impacting its stock and investor confidence. Meanwhile, Alphabet Inc.'s strong Q2 earnings highlight robust demand in cloud services and advertising. Political developments in the US, with Vice President Kamala Harris rallying support, and India's budget aimed at job creation reflect significant economic shifts. Natural disasters and corporate news, such as Boeing's resumed 737 Max deliveries and Citi's upgrade of Coinbase, also influence market
With money and willfulness, Musk buys Twitter for $43 billion this week