Pulkit Sharma || The CEO Magazine
A famous American entrepreneur and business leader, Elon Musk founded multiple companies like Paypal (formerly known as X.com) in 1999, SpaceX in 2002 and Tesla Motors in 2003. After selling his company Zip2 to a division of Compaq computers he achieved the status of a multimillionaire.
Elon made history in 2012 when one of his companies SpaceX launched first-ever commercial vehicles into space. This supported him in purchasing Solar City in 2016. In the early days of Donald Trump administration, he also took the role of an advisory and cemented his place among the greatest leader of the industry.
Early Life of Elon
Elon Musk was born in South Africa on 28 June 1971. Since his childhood, he was a daydreamer and always imagined about his inventions. His parents were so worried about him that they took him to the doctor for a check-up. He was an intelligent child. When he was 10, he developed a keen interest in computers. He learned to program and created a game for himself called Blaster. During his school days, he was bullied and went for a growth spurt. He also learned Karate and wrestling to defend himself.
At the age of 17 in 1989, he came to Canada to study at Queen's University. He had also obtained the citizenship of Canada earlier this year. In the year 1992, he left Canada as well to study business and physics in Pennsylvania. Soon he graduated in economics and later in Physics. After completing graduation Musk left Pennsylvania and headed towards Stanford University to study in energy physics. He dropped out of that university after 2 days and launched his first-ever company Zip2 in 1995. And by 2002 he was a US citizen
Tesla Motors was founded in 2003 to produce affordable electric cars for the masses, other battery products and solar roofs. Musk is known to be one of the founders, CEO of Tesla Motors. He also serves as a product architect and look after every product development. Tesla is not only an electric vehicle company but also produce clean energy and storage devices. They believe that the world should stop using fossil fuels for the betterment of the future.
In early 2008, Tesla launched its first car called 'Roadster'. It is a sports car which is capable of going from 0 to 60 mph in less than 4 seconds. As a strategic partner Daimler and Toyota acquired stakes of this company, Tesla motors allow their initial offering in the year 2010 and raised around $250 million. In the year 2008, they announced their plans to build the first electric sedan called 'Model S' that will go against the BMW 5 series. Model S came into production in the year 2012 at a starting price of $58,570. In 2013 this car was honoured as the Car of the year by Motor trend magazine.
They got a huge boost in 2017 when Tesla announced that they are now the most valuable U.S. car maker replacing General Motors. Elon unveiled another amazing car in 2017 called 'Semi Truck'. They are planning to launch these trucks in 2019. They will have a range of 500 miles, battery and the motor that will last up to 1 million miles. He reviled another project which they are going to launch in 2020 called 'Model Y'. Being a much-awaited project, this car is said to be the fastest production car with a 0 to 60 times in less than 2 seconds
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