Elon Musk, the CEO of Tesla, wrote a letter to his employees in which he summed up some valuable thoughts on the Law of the Role Model, the Law of Momentum, and the quality of focus. Without presence, there can be no role model. Without presence, great products cannot be brought to market. Without presence, there can't be the focus needed to remain the best company in the world.
from: Elon Musk subject: To be super clear Everyone at Tesla is required to spend a minimum of 40 hours in the office per week. Moreover, the office must be where your actual colleagues are located, not some remote pseudo office. If you don't show up, we will assume you have resigned. The more senior you are, the more visible your presence must be. That's why I lived in the factory so much, so that the workers could see me working alongside them. If I had not done that, Tesla would long ago have gone bankrupt. There are of course companies that don't require this, but when was the last time they shipped a great new product? It's been a while. Tesla has and will create the most exciting and meaningful products of any company on Earth. That won't happen by phoning it in. Thank you! Elon
Sources