Elon Musk said he turned down Wall Avenue work to emphasis on engineering.

“I was available a number of high-paid work opportunities on Wall Road. I declined,” Tesla Inc.’s main government officer advised his law firm in the course of questioning at a trial in Wilmington, Delaware, in excess of the company’s SolarCity acquisition in 2016.

Musk attended the University of Pennsylvania and moved to Silicon Valley during the dot-com boom. He established a organization that sooner or later became PayPal Holdings Inc., and made his first hundreds of thousands when PayPal was offered to EBay Inc.

Again when Musk was beginning his occupation, Wall Street held an allure as a route to riches and power for ambitious youthful graduates. Because then, nevertheless, its luster has pale with the rapid rise of the know-how sector about the earlier few of decades.

The sector has minted scores of right away billionaires, and now offers compelling and rewarding job potential customers. It’s also seen as extra amenable to adaptable working solutions, in particular in the wake of the Covid-19 pandemic. Many Wall Street corporations, by distinction, are pushing for staff members to return to the office environment complete-time.

On the stand Monday, Musk stated he was offered employment on Wall Road, with no elaborating on which firms or in which.

For far more on Musk’s testimony, click on here for our TOPLive blog.

— With guidance by Pratish Narayanan, and Anders Melin

(Adds details and background in fourth and fifth paragraphs.)