June 16, 2024

Tesla CEO Elon Musk zinged Dallas Mavericks minority crew proprietor Mark Cuban Thursday as the 2 debated variety, equality and inclusion (DEI) in enterprise.

Musk responded to Cuban after the billionaire gave his opinions on variety, equality and inclusion. 

“In case you don’t suppose there’s a want for DEI and it doesn’t create a aggressive benefit on your firm, simply  take a look at the @x posts/replies/quotes under,” Cuban wrote.

“These are the identical those who give you the results you want or are your co-workers. Everyone seems to be entitled to their POV, however these identical emotions, even when they aren’t stated out-loud, are heard loud and clear at work.”

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Elon Musk walks by the paddock space in the course of the Components 1 Lenovo United States Grand Prix at Circuit of the Americas Oct. 22, 2023. (Aaron E. Martinez/American-Statesman/USA At this time Community)

Musk responded with a pointed query concerning the make-up of the Mavericks’ roster.

“Cool, so when ought to we count on to see a brief white/Asian ladies on the Mavs?”

Cuban didn’t instantly reply to Musk’s reply.

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Musk kicked off the talk on X when he wrote that DEI was “simply one other phrase for racism” and “disgrace on anybody who makes use of it.” When X person Ed Krassenstein talked about that he thought DEI had main flaws, Musk responded that “discrimination on the premise of race, which DEI does, is actually the definition of racism.”

Cuban weighed in with 5 separate factors on DEI.

Mark Cuban vs Thunder

Dallas Mavericks proprietor Mark Cuban walks off the court docket after the Mavericks’ loss to the Oklahoma Metropolis Thunder on the American Airways Heart in Dallas, Dec. 2, 2023. (Jerome Miron/USA At this time Sports activities)

“Good companies look the place others don’t, to search out the staff that may put your small business in the very best place to succeed,” he wrote of variety.

“You might not agree, however I take it as a provided that there are folks of assorted races, ethnicities, orientation, and so forth which are frequently excluded from hiring consideration.  By extending our hiring search to incorporate them, we will discover folks which are extra certified. The lack of DEI-Phobic corporations is my acquire.”

Cuban wrote that he made a mistake about equality in his personal enterprise, saying he thought “treating folks equally doesn’t imply treating them the identical.”

“Fairness is a core precept of enterprise,” he wrote. “Put your workers ready to succeed. Acknowledge their variations and play to their strengths the place ever attainable. It isn’t a tough idea. However it’s not simple to implement. Most workforces don’t have the depth of administration to do that nicely. When it’s not finished nicely it will possibly create pressure and resentment.”

Elon Musk and Mark Cuban

Elon Musk wrote to Mark Cuban on X amid a debate over DEI. (Getty Pictures)

On inclusion, Cuban believes “nice corporations create environments that cut back pointless stress of their workers,” which ought to, in flip, create greater productiveness ranges. He additionally in contrast DEI to well being care. He wrote most corporations see DEI as a “hug expense” and don’t have any time to concentrate on it.

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“When something that impacts all your workers is just about a test record merchandise to the CEO, there’s a good likelihood that its not going work nicely and you’ll have workers who usually are not comfy for lots of various causes. Which in flip creates resentment in direction of DEI insurance policies and coaching. Which in flip makes it more durable on the managers attempting to implement it.

“When corporations do DEI nicely, you see a nicely run, profitable firm.”

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