The Tesla CEO Elon Musk did not provide details but said he hopes the details will be available next month
Elon Musk has announced plans to significantly improve childcare services at his company. Citing his long-standing concerns about a possible population decline.
Musk, CEO of billionaire Tesla Inc. and rocket company Space Exploration Technologies Corp.. Expressed their intentions on Friday after saying over the past few months that they believe the US birth rate is not “sustainable.”.
He hinted that the benefits could be available next month but did not share any further information. The commitment comes after Musk cut Tesla’s workforce, and the company faces a legal battle over workplace issues. When several SpaceX employees raised concerns about their boss’s actions, they were fired from the company.
Other companies, including McDonald’s Corp. and Goldman Sachs Group Inc. Recently offered their employees new childcare benefits during the pandemic, such as B. Emergency childcare and paid maternity leave. A Care survey released earlier this year found that 56 percent of the more than 500 US business leaders surveyed said their workplaces offer or plan to offer child care services, up from 50 percent the previous year.
Representatives from companies that Mr. Musk, including Tesla, SpaceX, Neuralink Corp., and Boring Co., did not immediately answer to a demand for comment on Friday. It is not clear which childcare services are currently offered by these companies.
Musk, 51, said the Musk Foundation would donate “directly to the family” without specifying how the donation would be channeled.
His comments come after Insider reported that Musk has more children than he previously disclosed this week. A Tesla illustration did not immediately respond to questions about the insider report. Mr. Musk appeared to be responding to notices on Thursday, writing on Twitter that he was “doing all in his ability to help the population shortage crisis.”
Mr. Musk often voices his views on the declining birthrate in the US on Twitter. A platform where he frequently posts on various topics. Earlier this year, it agreed to buy Twitter for $44 billion but is now seeking to end the deal, a regulatory filing showed Friday. Amid doubts about the social media company’s data on spam and fake accounts.