Doubling Down Elon Musk’s Big Bets
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The Tesla Roadster and SpaceX Falcon Heavy, both released in 2018, are Elon Musk’s most ambitious plans, which he describes as being 50 times more important than the company he founded, Tesla. The Roadster was a surprise move that sent shockwaves through the car community, as the car’s two-person space-age body and a top speed of over 200 miles per hour were a far-reaching departure for Tesla and the car industry. But it
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[Insert Topic] Investing for a better future is the single most important mission we have. While investors and investing experts do not disagree that the investment environment is still unpredictable, many investors are willing to gamble big on innovative, high-growth sectors and ventures. The Tesla story is just one example of how innovative companies often succeed in challenging economic, regulatory, and institutional environments that most investors would prefer not to invest in. While most successful investment vehicles were created
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Doubling Down Elon Musk’s Big Bets: What You Don’t Know Can Hurt You During the annual shareholder meeting of Tesla Inc. (NASDAQ:TSLA) on May 1, 2018, Elon Musk, CEO and CTO of Tesla and SpaceX, stood before 61,000 attendees and shared his vision for the company. The main topic of his speech: the production of the Tesla Semi and Tesla
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Doubling Down Elon Musk’s Big Bets My first big bet in the world of business was on Elon Musk in 2016. more helpful hints I was thrilled to finally have something to write about that I was convinced about. In 2016, I wrote that Tesla (TSLA) had a chance to overtake GM (GM) as the leader in electric cars. I thought Tesla was on the cusp of achieving that goal. And Tesla did, but not without
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Doubling Down Elon Musk’s Big Bets In 2013, Elon Musk, then just 28, took over as CEO of Tesla and immediately announced his intent to double the company’s revenue and produce 20,000 electric cars a year by 2017. The company had been struggling financially and was still losing billions of dollars per quarter. This was a risky strategy, but Musk believed that the future was electric and that he had the technology
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– in 2013, Musk penned an open letter to the world’s largest tech investors, promising to use electric vehicles to revolutionize transportation. – In 2015, Musk famously tweeted that “I’m thinking of building a town on Mars,” which set the stage for the subsequent Tesla mission. – Tesla’s battery energy storage business was the first of Musk’s companies to take off in a major way. The company just announced that it will ramp up production