Elon Musk recently made some controversial tweets about quarantine and tesla stock, here is my response!
Elon Reeve Musk FRS (/ˈiːlɒn/; born June 28, 1971) is an industrial designer, technology entrepreneur, and philanthropist. He is a citizen of South Africa, the United States (where he has lived most of his life and currently resides), and Canada.[note 1] He is the founder, CEO and chief engineer/designer of SpaceX; co-founder, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI. He was elected a Fellow of the Royal Society (FRS) in 2018. In December 2016, he was ranked 21st on the Forbes list of The World’s Most Powerful People, and was ranked joint-first on the Forbes list of the Most Innovative Leaders of 2019. As of May 2020, he has a net worth of $39.4 billion and is listed by Forbes as the 23rd-richest person in the world. He is the longest-tenured CEO of any automotive manufacturer globally.
Born and raised in Pretoria, South Africa, Musk briefly attended the University of Pretoria before moving to Canada when he was 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received a bachelor’s degree in economics from the Wharton School and a bachelor’s 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 a business career. He subsequently co-founded (with his brother Kimbal) 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, which had launched PayPal the previous year and was subsequently 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 Motors, Inc. (Now Tesla, Inc.), an electric vehicle manufacturer, in 2004, the year after it was founded, 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). 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 focused on tunnels optimized for electric vehicles.
Tesla, Inc. (formerly Tesla Motors, Inc.), is an American electric vehicle and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid-scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufacturing.
Tesla operates multiple production and assembly plants, such as its main vehicle manufacturing facility at Tesla Factory in Fremont, California; Giga Nevada near Reno, Nevada; Giga New York in Buffalo, New York; and Giga Shanghai in Shanghai, China.
As of 2020, Tesla sells Model S, Model 3, Model X,, and Model Y cars. Tesla also sells Powerwall, Powerpack,, and Megapack batteries, solar panels, solar roof tiles, and some related products.
Tesla Motors was founded in July 2003 by engineers Martin Eberhard and Marc Tarpenning. The company’s name is a tribute to inventor and electrical engineer Nikola Tesla. The next three employees were Ian Wright, Elon Musk, and J. B. Straubel, all of whom are retroactively allowed to call themselves co-founders of the company. Musk, who formerly served as chairman and is the current CEO, 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. In February 2017, Tesla Motors shortened its name to Tesla.
After 11 years in the market, Tesla ranked as the world’s best-selling plug-in as well as best-selling battery electric passenger car manufacturer by cars sold in 2019, both as a brand and by automotive group, with a market share of 17% of the plug-in segment and 23% of the battery-electric segment. Tesla’s global vehicle sales increased by 50% from 245,240 units in 2018 to 367,849 units in 2019. On March 9, 2020, the company produced its 1 millionth electric car.