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Elon Musk Net Worth

Elon Musk was born on 28 June 1971 in South Africa. Elon Musk is a South African born businessman with a visionary and futuristic thinking. People like Elon Musk born only once or twice in saree. Elon Musk is one of those people who knows how to control the future by his futuristic Vision. Since Childhood he was genius types of human because at the age of 10, he had read many books. At the age of 12, he made a game from Computer at home and he sold that game to a company for $500. If we understand his taught process than, he always says Failure is the option and another side the whole World says Failure is not the option, this shows that his thinking is totally different from the whole World.

Elon Musk

Elon Musk Personal View

Here are some taught process of Elon Musk

When something is important enough you do it even if the odds are not in your favor.

If you need an extra motivation to do something than, don’t do it.

Failure is an option here. If things are not failing you are not innovating enough.

Elon Musk Business

 

Mark Tarpenning and  Martin Eberhard started the Tesla company 1 July 1, 2003 and the Tesla company was named after inspired from Nikola Tesla. In 2003 after they started this company, they started looking for investor and in 2004, they met Elon Musk and and they shared their idea after listening their ideas Elon Musk invested in Tesla company. Elon Musk invested 6.5 million in Tesla and become the largest shareholder in Tesla company.

Tesla stared working as soon as the fund arrived, but the company had to face a lot of problems as soon as it started working. The first and most problem was that at that time battery car was whole new concept for people, people were not able to take even if they wanted to buy and one major problem was that Tesla used to do manufacturing of the models by itself so that its cost was very high. Due to all these problems, tesla came to conclusion of being Bankrupt. to avoid all these problems Company used to change its CEO from time to time but did not get big results and the time came in 2008 when Mark and Martin who were the founder of this company also left the Company. This was the time for Tesla company when Tesla was almost on the verge of ending but during this time Elon Musk came forward and become the CEO of Tesla Company and invested his whole  saving for Company. As soon as Elon Musk came, the company started growing an he took some big decision as soon as he came, he fired all those employee who were not skilled. The second biggest decision taken was that he got loan 0f 465 Dollars  from department of energy and with that Tesla funding of 226 Dollars. Tesla has become one of the profitable company in the world.

 

 

 

 

 

 

 

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