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Elon Musk As An MBA Graduates

Elon Musk is a South African-born American entrepreneur who founded multiple successful companies including PayPal, SpaceX, and Tesla Motors. SpaceX launched the first private spacecraft to the International Space Station in 2012. Tesla Motors produces affordable electric vehicles and has seen increasing success, becoming the most valuable US automaker. Musk oversees product development and engineering at Tesla as CEO while also leading SpaceX in developing reusable rockets to reduce costs of space travel.

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Amitabha Gupta
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0% found this document useful (0 votes)
80 views

Elon Musk As An MBA Graduates

Elon Musk is a South African-born American entrepreneur who founded multiple successful companies including PayPal, SpaceX, and Tesla Motors. SpaceX launched the first private spacecraft to the International Space Station in 2012. Tesla Motors produces affordable electric vehicles and has seen increasing success, becoming the most valuable US automaker. Musk oversees product development and engineering at Tesla as CEO while also leading SpaceX in developing reusable rockets to reduce costs of space travel.

Uploaded by

Amitabha Gupta
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© © All Rights Reserved
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Elon Musk's

Success Story

By Prof.Amitabha Gupta
Swami Vivekananda Institute of
Science and Technology
Who Is Elon Musk?

• Born in 1971, Elon Musk is a South African-born


American entrepreneur and businessman who founded
X.com in 1999, which later became PayPal, SpaceX in
2002, and Tesla Motors in 2003. Musk became a
multimillionaire in his late 20s when he sold his start-
up company, Zip2, to a division of Compaq
Computers.
Elon Musk The Role
Model!!

• Musk gained popularity in 2012


when SpaceX launched a rocket that would
send the first commercial vehicle to the
International Space Station.
SpaceX: What Is It?

• Musk founded his third company, Space Exploration


Technologies Corporation (SpaceX) in 2002 with the aim of
building spacecraft for commercial space travel.
• By 2008, SpaceX was well established, and NASA awarded
the company the contract to handle cargo transport for the
International Space Station in a move to replace NASA’s own
space shuttle missions.
• On May 22, 2012, Musk and SpaceX made history when the
company launched its Falcon 9 rocket into space with an
unmanned capsule. The vehicle was sent to the International
Space Station with 1,000 pounds of supplies for the astronauts
stationed there, marking the first time a private company had
sent a spacecraft to the International Space Station.
SpaceX: What Is It?

• In July 2018, Space X enjoyed the


successful landing of a new Block
5 Falcon rocket, which touched
down on a drone ship less than 9
minutes after liftoff.
• In May 2019, SpaceX launched
the first batch of 60 satellites
followed with another payload of
60 satellites in November the
same year.
Tesla Motors

• Musk is the co-founder, CEO, and product architect


at Tesla Motors, a company formed in 2003 that is
dedicated to producing affordable, mass-market electric
cars as well as battery products and solar roofs. Musk
oversees all product development, engineering, and
design of the company’s products.
• In March 2008, Tesla unveiled the Roadster, a sports
car capable of accelerating from 0 to 60 mph in 3.7
seconds, as well as traveling nearly 250 miles between
charges of its lithium-ion battery.
• In June 2010, Tesla Motors launched its initial public
offering which helped them raise $226 million.
Tesla Motors

• In 2012, the Model S finally entered production


at a starting price of $58,570. Capable of
covering 265 miles between charges, it was
honored as the 2013 Car of the Year by Motor
Trend magazine.
• In April 2017, Tesla announced that it surpassed
General Motors to become the most valuable
U.S. carmaker.
• By April 2018, with Tesla expected to fall short
of first-quarter production forecasts for its Model
3 car, news surfaced that Musk had pushed aside
the head of engineering to personally oversee
efforts in that division. In a Twitter exchange
with a reporter, Musk said it was important to
“divide and conquer” to meet production goals
and was “back to sleeping at factory.”
Tesla Motors

• Following extensive production


delays, Model 3 was officially
launched in 2019.
• Even during the lockdown in May
2020, Tesla was one of the few
automakers whose share surpassed
an all-time high of $1,000 mark
earlier this month. As of 30
June’20, Forbes has reported that
the total net worth of Elon Musk is
estimated at $42.7 billion.
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