Deep Tide TechFlow news, on September 4, according to The Information, Musk's X Money plan has been hampered by regulations and employee turnover. It is reported that one of Musk's biggest ambitions is to use technology to disrupt and replace traditional banks and payment processors. At the same time, one of his management philosophies is to urge employees to develop products as quickly and cost-effectively as possible. Within X, these two philosophies are coming into conflict. Musk wants X to quickly launch a nationwide payment service, which has led to regulatory hurdles, resulting in a wave of senior employee departures.
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Deep Tide TechFlow news, on September 4, according to The Information, Musk's X Money plan has been hampered by regulations and employee turnover. It is reported that one of Musk's biggest ambitions is to use technology to disrupt and replace traditional banks and payment processors. At the same time, one of his management philosophies is to urge employees to develop products as quickly and cost-effectively as possible. Within X, these two philosophies are coming into conflict. Musk wants X to quickly launch a nationwide payment service, which has led to regulatory hurdles, resulting in a wave of senior employee departures.