Elon Musk Wants Manufacturing to Be ‘Cool’—And Snag Smart People From Law and Finance
Key points
- Tesla CEO Elon Musk said on Wednesday that the manufacturing industry needs to be “cool” again to attract more talents who have flooded to finance and law.
- Handshake of the Job Commission said that college graduates have been sending more applications to manufacturing companies and sending more applications to financial service companies.
- However, separate data pointed out the rising legal school applications.
Elon Musk hopes to make the manufacturing “cool again”. Some trends may have been beneficial to him.
Musk in Tesla (TSLA) The income conference said on Wednesday that he hoped that the manufacturing industry would have a wider cultural attraction, which helped it get rid of some respect in the fields of finance and law. (Musk, Tesla CEO, Also owns SpaceXAnother large company and other businesses that depend on the manufacture of talents. .
Musk said: “We need to calm the manufacturing industry again in the United States.” “We have too many talents in the law and financial sector in the United States, and there should be more talents in the manufacturing industry.”
According to a report from the professional platform Handshake, the recent college graduates gave him at least part of the things he requested, although the recent graduates are more concerned about work safety than prestige.
The handshake report states that although about 6 % of the job application of the class belongs to a manufacturing company, although the number of jobs available in the field is 6 %, it has increased slightly to 2023. According to Handshake’s data, the manufacturing company obtained approximately 4.8 % of the 2018 class.
At the same time, the number of applications sent to financial service companies to financial service companies decreased slightly from 2023 to 2024, and the open work fell 13 %. The industry still attracts more than one fifth of all applications, which makes it one of the most popular areas.
Handshake said that the recent technological recruitment downturn is also a small coup in the manufacturing industry. The organization said that in the industry layoffs in 2022 and 2023, the students who maintained the technology sent more applications to the manufacturing company.
The legal field may prove a more difficult competitor. According to the estimation of the enrollment committee of the Law School, the application of law school has increased by more than 23 % compared with January last year, and the application in January 2023 increased by 28 % over January 2023.