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ELON MUSK (G.O.A.T)

- Greatest Human of All Time -

Elon Musk´s News

From Wikipedia, the free encyclopedia (COPY PASTE)

Elon Reeve Musk FRS (/ˈiːlɒn/; born June 28, 1971) is a technology entrepreneur, investor, and engineer.[4][5][6] He holds South African, Canadian, and U.S. citizenship and is the founder, CEO, and lead designer of SpaceX;[7] co-founder, CEO, and product architect of Tesla, Inc.;[8] co-founder of Neuralink; founder of The Boring Company;[9] co-founder and co-chairman of OpenAI;[10] and co-founder of PayPal. In December 2016, he was ranked 21st on the Forbes list of The World's Most Powerful People.[11] He has a net worth of $22.3 billion and is listed by Forbes as the 40th-richest person in the world.

Born and raised in Pretoria, South Africa, Musk moved to Canada when he was 17 to attend Queen's University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a degree in physics from the College of Arts and Sciences. He began a Ph.D. in applied physics and material sciences at Stanford University in 1995 but dropped out after two days to pursue an entrepreneurial career. He subsequently co-founded Zip2, a web software company, which was acquired by Compaq for $340 million in 1999. Musk then founded X.com, an online bank. It merged with Confinity in 2000 and later that year became PayPal, which was bought by eBay for $1.5 billion in October 2002.

In May 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, of which he is CEO and lead designer. He joined Tesla, Inc., an electric vehicle and solar panel manufacturer, in 2004, the year after it was founded,[13] and became its CEO and product architect. In 2006, he inspired the creation of SolarCity, a solar energy services company (now a subsidiary of Tesla) and operates as its chairman. In 2015, Musk co-founded OpenAI, a nonprofit research company that aims to promote friendly artificial intelligence. In July 2016, he co-founded Neuralink, a neurotechnology company focused on developing brain–computer interfaces. In December 2016, Musk founded The Boring Company, an infrastructure and tunnel-construction company.

In addition to his primary business pursuits, Musk has envisioned a high-speed transportation system known as the Hyperloop, and has proposed a vertical take-off and landing supersonic jet electric aircraft with electric fan propulsion, known as the Musk electric jet.[17] Musk has stated that the goals of SpaceX, Tesla, and SolarCity revolve around his vision to change the world and humanity.[18] His goals include reducing global warming through sustainable energy production and consumption, and reducing the risk of human extinction by establishing a human colony on Mars.

.:: TESLA INC ::.

Tesla, Inc. (formerly Tesla Motors, Inc.) is an American automotive and energy company based in Palo Alto, California. The company specializes in electric car manufacturing and, through its SolarCity subsidiary, solar panel manufacturing. It operates multiple production and assembly plants, notably Gigafactory 1 near Reno, Nevada, and its main vehicle manufacturing facility at Tesla Factory in Fremont, California. As of March 2019, Tesla sells the Model S,[10] Model X, and Model 3 automobiles. It is accepting reservations for the Model Y, Roadster (2020), and Semi vehicles. Tesla also sells Powerwall, Powerpack, and Megapack batteries, solar panels, solar roof tiles, and some related products.

Tesla was founded in July 2003, by engineers Martin Eberhard and Marc Tarpenning, under the name Tesla Motors. The company's name is a tribute to engineer Nikola Tesla. In early Series A funding, Tesla Motors was joined by Elon Musk, J. B. Straubel and Ian Wright, all of whom are retroactively allowed to call themselves co-founders of the company. Musk, who formerly served as chairman and is the current chief executive officer, said that he envisioned Tesla Motors as a technology company and independent automaker, aimed at eventually offering electric cars at prices affordable to the average consumer. Tesla Motors shortened its name to Tesla in February 2017.

Tesla's business strategy is to emulate typical technological-product life cycles and initially target affluent buyers, and then move into larger markets at lower price points.[28][31] The battery and electric drivetrain technology for each model would be developed and partially paid for through the sales of earlier models.[28][32] The Roadster was low-volume and priced at US$109,000. Model S and Model X targeted the broader luxury market. Model 3 and the model Y is aimed at a higher-volume segment.[33][34] This business strategy is common in the technology industry.[35] According to a Musk blog post, "New technology in any field takes a few versions to optimize before reaching the mass market, and in this case it is competing with 150 years and trillions of dollars spent on gasoline cars."

Tesla's production strategy includes a high degree of vertical integration[37] (80% in 2016[38]), which includes component production and proprietary charging infrastructure. The company operates large factories to capture economies of scale. Tesla builds electric powertrain components for vehicles from other automakers, including the Smart ED2 ForTwo electric drive (the lowest-priced car from Daimler AG), the Toyota RAV4 EV, and Freightliner's Custom Chassis Electric Van. Vertical integration is rare in the automotive industry, where companies typically outsource 80% of components to suppliers,[39] and focus on engine manufacturing and final assembly.

Tesla operates stores and galleries[100][101]—usually located in shopping malls—in many U.S. states. However, customers buy vehicles only from the Tesla website.[102][103][104][105] The stores serve as showrooms that allow people to learn about the company and its vehicles. Some galleries are located in states with restrictive dealer protection laws that prohibit discussing price, financing, and test drives, as well as other restrictions. Tesla's strategy of direct customer sales and owning stores and service centers is different from the standard dealership model in the global vehicle marketplace. Tesla is the only automaker that sells cars directly to consumers; all others use independently owned dealerships,[106][107] although many provide online configuration and financing. 48 states have laws that limit or ban manufacturers from selling vehicles directly to consumers, and although Tesla has no independent dealerships, dealership associations in multiple states have filed lawsuits over Tesla's sales practices. Countries other than U.S. do not protect dealers. The Federal Trade Commission recommends allowing direct manufacturer sales,[114][115] which analysts believe would save consumers 8% in average vehicle price. In February 2019, Tesla announced that it would shut down the bulk of its stores and begin to sell cars exclusively through the internet.[118] The next month, the company reversed its decision, saying in a government filing that it would only close about half the number of showrooms it had originally intended to.