Whether it’s changing the automotive field or conquering new areas of space, Elon Musk has shown a knack for attracting audiences other than investors and freaks.

The bold CEO of Tesla (Texas), the world’s richest man after the booming electric car manufacturer, is a typical Silicon Valley disruptor-unless he no longer lives in California.

This unconventional entrepreneur has more than 41 million followers on Twitter, and his current wealth is estimated to exceed 180 billion U.S. dollars (approximately 131.97 billion rupees). He announced last month that he had moved to Texas and couldn’t resist. Last mining time.In the west coast state

Musk said at a conference hosted by the Wall Street Journal: “If a team wins for too long, they will indeed become a little complacent and a little qualified, then they will never win the championship again. .”

“California has won for a long time… they take it for granted.”

On Thursday, Musk overtook Amazon CEO Jeff Bezos (Jeff Bezos) to become the richest man in the world.

When learning the difference, Musk said on Twitter: “It’s strange.” “Well, go back to work…”

Musk, 49, was born in South Africa. After completing his studies in Ontario and Pennsylvania, he holds passports from the United States and Canada.

By the age of 25, he created an online advertising platform Zip2, and after selling the company to Compaq Computer in 1999, he became a millionaire at the age of 30.

After that, he founded the online bank X.com, which later merged into PayPal, which eBay merged in 2002 for US$1.5 billion (approximately 11 billion rupees).

See also  VaultSwap announces its token sale and exchange listing

But with the growth of Tesla, Musk has reached a new height in the past few years, he said that this is not entirely an economic task.

Tesla’s success is very important to the future of the world,” Musk said in 2018. “It is vital to all life on earth. “

Stride forward

The key to Musk’s reshaping of transportation goals lies in the Tesla Model 3, which is Tesla’s first model aimed at the mid-market rather than luxury cars.

After setting ambitious goals for the addition of models, Musk encountered a difficult situation in 2018 because Tesla missed the goal while consuming cash.

At a particularly notorious moment, Musk announced on Twitter in August 2018 that he was considering privatizing Tesla and boasted that he had obtained “guaranteed” financing for this, which shocked the market.

Musk quickly abandoned his privatization efforts, but became involved in a fierce dispute with the Securities and Exchange Commission (SEC), which accused Musk of fraud and fined him 20 million U.S. dollars (approximately 1.5 billion rupees), and He was asked to resign as chairman of Tesla and agreed to follow the board of directors’ agreement on his use of social media.

At about the same time, Musk also publicly kept in touch with a British caver who mocked Tesla’s CEO’s proposal for a micro-submarine to rescue young people trapped in a cave in Thailand in the summer of 2018. soccer player.

The caver Vernon Unsworth sued Musk after the Tesla CEO called him a “lady” on social media, but a California jury ruled on the remarks in December 2019 Not defamatory.

See also  After Facebook, Twitter banned, Donald Trump fans and extremists turned elsewhere

But Musk and Tesla have made great strides in 2020. The company’s output in California and Shanghai is impressive, breaking ground on new factories, and gaining a share of value as the market value soars. Series of profitable quarters.

During this period, Musk was involved in less controversy.

But this spring, Chief Tesla severely condemned the public health department of Alameda County for COVID-19 restrictions.

For several days, Musk angrily resisted these restrictions and won the support of US President Donald Trump.

Musk and California officials finally reached a compromise, after deeming that workers are vital, Tesla’s factory was exempted from the recent curfew.


What is the most exciting technology conference in 2021? We discussed on the weekly technical podcast Orbital, you can subscribe via Apple Podcast, Google Podcast or RSS, download the episode, or click the play button below.