Difference between revisions of "Elon Musk"

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University of Pennsylvania School of Arts and Sciences (BA-Physics)
 
University of Pennsylvania School of Arts and Sciences (BA-Physics)
 
|OCCUPATION= Entrepreneur, Engineer  
 
|OCCUPATION= Entrepreneur, Engineer  
|BIOGRAPHY= Best known for founding Tesla, SpaceX, Paypal and his eccentric personality.  
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|BIOGRAPHY= Best known for founding Tesla, SpaceX, Paypal, and his eccentric personality.  
 
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Elon Musk (born June 28, 1971) is an entrepreneur, engineer, and philanthropist who has either founded or co-founded the following companies: SpaceX, Tesla, The Boring Company, Neuralink, OpenAI and PayPal. Musk ranks 25th on Forbes list of “The World's Most Powerful People” and is one of four members on the list under the age of 50<ref>"The World's Most Powerful People" Forbes. [https://www.forbes.com/powerful-people/list/2/#tab:overall]  ''Forbes''. 2018.</ref>. According to Forbes, Musk has a net worth of $34.6 Billion dollars.  
 
Elon Musk (born June 28, 1971) is an entrepreneur, engineer, and philanthropist who has either founded or co-founded the following companies: SpaceX, Tesla, The Boring Company, Neuralink, OpenAI and PayPal. Musk ranks 25th on Forbes list of “The World's Most Powerful People” and is one of four members on the list under the age of 50<ref>"The World's Most Powerful People" Forbes. [https://www.forbes.com/powerful-people/list/2/#tab:overall]  ''Forbes''. 2018.</ref>. According to Forbes, Musk has a net worth of $34.6 Billion dollars.  
  
Musk was born in Pretoria, South Africa. Musk’s parents got divorced when he was 10 years old <ref>"Elon Musk" Biography.com Authors. [https://www.biography.com/business-figure/elon-musk]  ''Biography.com''. Dec 12th, 2019.</ref>. Later that year, he developed an interest in computers and taught himself how to program. By the age of 12, Musk had created and sold his first software, a game called Blastar.  
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Musk was born in Pretoria, South Africa. Musk’s parents divorced when he was 10 years old <ref>"Elon Musk" Biography.com Authors. [https://www.biography.com/business-figure/elon-musk]  ''Biography.com''. Dec 12th, 2019.</ref>. Later that year, he developed an interest in computers and taught himself how to program. By the age of 12, Musk had created and sold his first piece of software, a game called Blastar.  
  
Musk moved from South Africa to Canada to attend Queen’s University at age 17 in 1989. After two years at Queen’s, Musk transferred to the University of Pennsylvania where he received degrees in both business and physics. After his graduation, he headed west to Stanford to pursue a phD in energy physics, but dropped out after two days to start a company with his brother.   
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Musk moved from South Africa to Canada to attend Queen’s University in 1989 at the age of 17. After two years at Queen’s, Musk transferred to the University of Pennsylvania where he earned degrees in both business and physics. After his graduation, he went to Stanford to pursue a Ph.D. in energy physics but dropped out after two days to start a company with his brother.   
  
 
==Career==
 
==Career==
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===Early Career===
 
===Early Career===
  
After dropping out of Stanford, Musk and his brother, Kimbal, started a company called the Zip2 corporation. Zip2 was an online city guide which was acquired by a division of Compaq Computer Corporation for $307 million dollars in cash. They used this money to then start a company called X.com, an online financial services company. X.com turned into what is now known as PayPal and was acquired by Ebay for $1.5 Billion dollars.  
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After dropping out of Stanford, Musk and his brother, Kimbal, started a company called the Zip2 Corporation. Zip2 was an online city guide that was eventually acquired by a division of Compaq Computer Corporation for $307 million. They then used this money to start a company called X.com, an online financial services company. X.com turned into what is now known as PayPal and was acquired by eBay for $1.5 billion.  
  
 
===SpaceX===
 
===SpaceX===
  
After Paypal, Musk started SpaceX which is a company designed to build space products and spacecraft for commercial use. SpaceX has been a work in progress ever since Musk founded it in 2002 and continues to grow each year. Musk continuously presents updated plans and designs for new space products and even received approval to launch satellites into space for internet service in 2018. Musk’s goal is for SpaceX to reach Mars and they plan to send a private passenger to the moon in 2023 <ref> "SpaceX Homepage" Elon Musk. [https://www.spacex.com/mars] "SpaceX". 2018 </ref>.  
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After Paypal, Musk started SpaceX, a company designed to build space products and spacecraft for commercial use. SpaceX has been a work in progress ever since Musk founded it in 2002 and continues to grow each year. Musk continuously presents updated plans and designs for new space products and even received approval to launch satellites into space for internet service in 2018. Musk’s goal is for SpaceX to reach Mars and they plan to send a private passenger to the moon in 2023 <ref> "SpaceX Homepage" Elon Musk. [https://www.spacex.com/mars] "SpaceX". 2018 </ref>.  
  
 
===Tesla Motors===
 
===Tesla Motors===
  
In 2003, Musk founded Tesla Motors. His goal for this company was to provide affordable, battery powered cars, as well as solar roofs. Musk is the CEO and product architect of this company and oversees all product development and engineering. Tesla has developed multiple cars including the Roadster, Model S, Model 3, and most recently a Tesla SUV <ref> "Facts About Tesla" Jeff Desjardins. [https://www.businessinsider.com/41-interesting-facts-about-tesla-motors-2016-9]. "Buisness Insider". October 1st, 2017</ref>. All cars have been set at what the car industry considers to be affordable prices. Given the quantity of Tesla cars produced and the relatively low price of the car, Tesla reported a net income loss of $860 Million dollars in 2019.  
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In 2003, Musk founded Tesla Motors. His goal for this company was to provide affordable, battery-powered cars, as well as solar roofs. Musk is the CEO and product architect of this company and oversees all product development and engineering. Tesla has developed multiple cars including the Roadster, Model S, Model 3, and most recently a Tesla SUV <ref> "Facts About Tesla" Jeff Desjardins. [https://www.businessinsider.com/41-interesting-facts-about-tesla-motors-2016-9]. "Business Insider". October 1st, 2017</ref>.  
  
 
==Scandals==
 
==Scandals==
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===Marijuana Incident===
 
===Marijuana Incident===
  
Musk was seen on The Joe Rogan Podcast smoking Marijuana inside of tobacco according to show host Joe Rogan. The interview contained clips of Musk acknowledging extreme pressure and work hours, hence defending his actions of smoking marijuana. Tesla stock took a dip after videos surfaced on social media and on the news. Although Marijuana is legal in California, Musk took some backlash online for his public actions. <ref>"Elon Musk Marijuana Controversy" Nathan Bomey[https://www.usatoday.com/story/money/cars/2018/09/07/tesla-ceo-elon-musk-marijuana-controversy/1222499002/]. "USA Today". Sep 7th, 2018. </ref>
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Musk was seen on The Joe Rogan Podcast smoking marijuana inside of tobacco according to show host Joe Rogan. The interview contained clips of Musk acknowledging extreme pressure and work hours, hence defending his actions of smoking marijuana. Tesla stock took a dip after videos surfaced on social media and on the news. Although marijuana is legal in California, Musk took some backlash online for his actions. <ref>"Elon Musk Marijuana Controversy" Nathan Bomey[https://www.usatoday.com/story/money/cars/2018/09/07/tesla-ceo-elon-musk-marijuana-controversy/1222499002/]. "USA Today". Sep 7th, 2018. </ref>
  
 
===Taking Tesla Private===
 
===Taking Tesla Private===
  
In 2018, Musk sent out a tweet saying that he has secured funding in order to take Tesla private<ref>"Elon Musk Wants to Take Tesla Private" Tom Huddleston Jr.[https://www.cnbc.com/2018/08/08/elon-musk-wants-to-take-tesla-private--heres-what-it-means.html]. "CNBC". August 8th, 2018.</ref>. Tesla has been a publicly traded company since 2012, and the news to take Tesla private was a shock to many. However, this tweet that ended up being false. Musk into trouble with the U.S Securities and Exchange commission, as some suspected foul play. They are continually investigating this incident, but Musk claims he had no false intentions with these tweets.  
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In 2018, Musk sent out a tweet saying that he had secured funding in order to take Tesla private<ref>"Elon Musk Wants to Take Tesla Private" Tom Huddleston Jr.[https://www.cnbc.com/2018/08/08/elon-musk-wants-to-take-tesla-private--heres-what-it-means.html]. "CNBC". August 8th, 2018.</ref>. Tesla has been a publicly traded company since 2012, so the news to take Tesla private was a shock to many. However, his tweet ended up being false and Musk got into trouble with the U.S Securities and Exchange Commission, as there was suspected foul play. They are still investigating this incident, but Musk claims he had no false intentions with these tweets.  
  
 
==Ethical Implications==
 
==Ethical Implications==
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===Factory Injuries===
 
===Factory Injuries===
  
Tesla’s main production plant in Fremont, California is home 15,000 full-time contract employees making it the largest staffed auto plant in the United States. Musk and Tesla have openly faced criticism regarding safety violations and worker injuries <ref> "Tesla Saftey Violations" Alan Oshman.[https://www.forbes.com/sites/alanohnsman/2019/03/01/tesla-safety-violations-dwarf-big-us-auto-plants-in-aftermath-of-musks-model-3-push/#eff6f754ceb8]. "Forbes" March 1st, 2019</ref>. The company has paid $236,730 in OSHA fines while the other main auto companies (BMW, Ford etc…) have paid a combined $89,589 dollars in fines. In response to scrutiny regarding fines and excessive injuries, Musk sent out a company email saying asking that every factory injury be sent directly to him and furthermore met with every worker who had been injured in the factory <ref>"Elon Musks Ethical Leadership" Joesph Vesnesky[https://sites.psu.edu/psy533wheeler/2018/06/15/u04-elon-musks-ethical-leadership/]. "PSU Education". June 15th, 2018 </ref>.  
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Tesla’s main production plant in Fremont, California is home to 15,000 full-time contract employees, making it the largest staffed auto plant in the United States. Musk and Tesla have openly faced criticism regarding safety violations and worker injuries <ref> "Tesla Saftey Violations" Alan Oshman.[https://www.forbes.com/sites/alanohnsman/2019/03/01/tesla-safety-violations-dwarf-big-us-auto-plants-in-aftermath-of-musks-model-3-push/#eff6f754ceb8]. "Forbes" March 1st, 2019</ref>. The company has paid $236,730 in OSHA fines while the other main auto companies such as BMW or Ford, have only paid a combined $89,589 dollars in fines. In response to scrutiny regarding fines and excessive injuries, Musk sent out a company email asking that every factory injury be sent directly to him and he even met with every worker who had been injured in the factory <ref>"Elon Musks Ethical Leadership" Joesph Vesnesky[https://sites.psu.edu/psy533wheeler/2018/06/15/u04-elon-musks-ethical-leadership/]. "PSU Education". June 15th, 2018 </ref>.  
  
 
===Journalism Credibility Website===
 
===Journalism Credibility Website===
  
After President Trump took office in 2016, he named Musk to his Strategy and Policy Forum and then joined Trump’s Manufacturing Jobs team shortly after. After Trump’s controversial comments regarding immigrants from Muslim-majority countries as well as his stance on climate change, Musk stepped down from all advisory roles for President Trump.
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Facing criticism from American journalists, Musk threatened to create a platform where the public can rate the truth of any given article. Journalists would have a “credibility score” over time based on the truthfulness of their articles in the eyes of the public<ref>"Elon Musk May Actually be Making a Website to Rate Journalists Credibility" Robert Ferris [https://www.cnbc.com/2018/05/25/elon-musk-may-actually-be-making-a-website-to-rate-journalists-for-credibility-and-core-truth.html]. "CNBC". May 25th, 2018 </ref>.  
 
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Facing criticism from American journalists, Musk threatened to create a platform where the public can rate the truth of any given article. Journalists would have a “credibility score” over time based on the truthfulness of their articles in the eyes of the public<ref>"Elon Musk May Actually be Making a Website to Rate Journalists Credability" Robert Ferris [https://www.cnbc.com/2018/05/25/elon-musk-may-actually-be-making-a-website-to-rate-journalists-for-credibility-and-core-truth.html]. "CNBC". May 25th, 2018 </ref>. Musk hasn’t publicly gone through with this idea, but his idea reportedly stemmed from journalists writing articles regarding President Trump and his relationship.
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===Neuralink's Brain Chip===
 
===Neuralink's Brain Chip===
  
Neuralink is a Bay Area based Brain-Computer interface research company founded by Musk in 2016 <ref>"Neuralink Homepage" [https://www.neuralink.com/] "Neuralink". </ref>. In July of 2019, Musk spoke to an audience in London about Neuralink's new project: Bluetooth enabled implants into your brain <ref>"Elon Musk Neuralink Brain Implant" Michael Scaturro [https://edition.cnn.com/2019/07/17/tech/elon-musk-neuralink-brain-implant/index.html] "CNN Buisness". July 18th, 2019. </ref>. Musk hopes that Neuralink's bluetooth chip will enable telepathy and help aid humans with injured motor functions. The microchip -- that is one tenth of the size of a human hair strand -- would be surgically placed into one's head by a Neuralink robot and have the capability to connect to laptops or mobile phones. Trials for the chip could begin anytime now, but pushback and concern from the tech world have been swirling. Companies receiving a continuous flow of data directly from the human brain is the main concern from many. Who will have access to this sensitive data and what will the data be used for were the baseline of the many questions Musk faced when speaking in London. Further technological strides and significant testing must be taken by Neuralink before releasing any product to the public.  
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Neuralink is a Bay Area-based Brain-Computer interface research company founded by Musk in 2016 <ref>"Neuralink Homepage" [https://www.neuralink.com/] "Neuralink". </ref>. In July of 2019, Musk spoke to an audience in London about Neuralink's new project: Bluetooth-enabled implants into your brain <ref>"Elon Musk Neuralink Brain Implant" Michael Scaturro [https://edition.cnn.com/2019/07/17/tech/elon-musk-neuralink-brain-implant/index.html] "CNN Business". July 18th, 2019. </ref>. Musk hopes that Neuralink's Bluetooth chip will enable telepathy and help aid humans with injured motor functions. The microchip -- that is one-tenth of the size of a human hair strand -- would be surgically placed into one's head by a Neuralink robot and have the capability to connect to laptops or mobile phones. Trials for the chip could begin anytime now, but pushback and concern from the tech world have been swirling. Companies receiving a continuous flow of data directly from the human brain is the main concern of many. Who will have access to this sensitive data and what this data will be used for are the baseline of the many questions Musk faced when speaking in London.
  
  

Revision as of 21:57, 20 April 2021

SiLogo.png
Elon musk.jpeg
Caption Here
Birthname Elon Reeve Musk
Date of Birth June 28, 1971
Birth Place Pretoria, Transvaal, South Africa
Nationality American, South African, Canadian
Occupation Entrepreneur, Engineer
Biography Best known for founding Tesla, SpaceX, Paypal, and his eccentric personality.


Elon Musk (born June 28, 1971) is an entrepreneur, engineer, and philanthropist who has either founded or co-founded the following companies: SpaceX, Tesla, The Boring Company, Neuralink, OpenAI and PayPal. Musk ranks 25th on Forbes list of “The World's Most Powerful People” and is one of four members on the list under the age of 50[1]. According to Forbes, Musk has a net worth of $34.6 Billion dollars.

Musk was born in Pretoria, South Africa. Musk’s parents divorced when he was 10 years old [2]. Later that year, he developed an interest in computers and taught himself how to program. By the age of 12, Musk had created and sold his first piece of software, a game called Blastar.

Musk moved from South Africa to Canada to attend Queen’s University in 1989 at the age of 17. After two years at Queen’s, Musk transferred to the University of Pennsylvania where he earned degrees in both business and physics. After his graduation, he went to Stanford to pursue a Ph.D. in energy physics but dropped out after two days to start a company with his brother.

Career

Early Career

After dropping out of Stanford, Musk and his brother, Kimbal, started a company called the Zip2 Corporation. Zip2 was an online city guide that was eventually acquired by a division of Compaq Computer Corporation for $307 million. They then used this money to start a company called X.com, an online financial services company. X.com turned into what is now known as PayPal and was acquired by eBay for $1.5 billion.

SpaceX

After Paypal, Musk started SpaceX, a company designed to build space products and spacecraft for commercial use. SpaceX has been a work in progress ever since Musk founded it in 2002 and continues to grow each year. Musk continuously presents updated plans and designs for new space products and even received approval to launch satellites into space for internet service in 2018. Musk’s goal is for SpaceX to reach Mars and they plan to send a private passenger to the moon in 2023 [3].

Tesla Motors

In 2003, Musk founded Tesla Motors. His goal for this company was to provide affordable, battery-powered cars, as well as solar roofs. Musk is the CEO and product architect of this company and oversees all product development and engineering. Tesla has developed multiple cars including the Roadster, Model S, Model 3, and most recently a Tesla SUV [4].

Scandals

Marijuana Incident

Musk was seen on The Joe Rogan Podcast smoking marijuana inside of tobacco according to show host Joe Rogan. The interview contained clips of Musk acknowledging extreme pressure and work hours, hence defending his actions of smoking marijuana. Tesla stock took a dip after videos surfaced on social media and on the news. Although marijuana is legal in California, Musk took some backlash online for his actions. [5]

Taking Tesla Private

In 2018, Musk sent out a tweet saying that he had secured funding in order to take Tesla private[6]. Tesla has been a publicly traded company since 2012, so the news to take Tesla private was a shock to many. However, his tweet ended up being false and Musk got into trouble with the U.S Securities and Exchange Commission, as there was suspected foul play. They are still investigating this incident, but Musk claims he had no false intentions with these tweets.

Ethical Implications

Factory Injuries

Tesla’s main production plant in Fremont, California is home to 15,000 full-time contract employees, making it the largest staffed auto plant in the United States. Musk and Tesla have openly faced criticism regarding safety violations and worker injuries [7]. The company has paid $236,730 in OSHA fines while the other main auto companies such as BMW or Ford, have only paid a combined $89,589 dollars in fines. In response to scrutiny regarding fines and excessive injuries, Musk sent out a company email asking that every factory injury be sent directly to him and he even met with every worker who had been injured in the factory [8].

Journalism Credibility Website

Facing criticism from American journalists, Musk threatened to create a platform where the public can rate the truth of any given article. Journalists would have a “credibility score” over time based on the truthfulness of their articles in the eyes of the public[9].

Neuralink's Brain Chip

Neuralink is a Bay Area-based Brain-Computer interface research company founded by Musk in 2016 [10]. In July of 2019, Musk spoke to an audience in London about Neuralink's new project: Bluetooth-enabled implants into your brain [11]. Musk hopes that Neuralink's Bluetooth chip will enable telepathy and help aid humans with injured motor functions. The microchip -- that is one-tenth of the size of a human hair strand -- would be surgically placed into one's head by a Neuralink robot and have the capability to connect to laptops or mobile phones. Trials for the chip could begin anytime now, but pushback and concern from the tech world have been swirling. Companies receiving a continuous flow of data directly from the human brain is the main concern of many. Who will have access to this sensitive data and what this data will be used for are the baseline of the many questions Musk faced when speaking in London.


References

  1. "The World's Most Powerful People" Forbes. [1] Forbes. 2018.
  2. "Elon Musk" Biography.com Authors. [2] Biography.com. Dec 12th, 2019.
  3. "SpaceX Homepage" Elon Musk. [3] "SpaceX". 2018
  4. "Facts About Tesla" Jeff Desjardins. [4]. "Business Insider". October 1st, 2017
  5. "Elon Musk Marijuana Controversy" Nathan Bomey[5]. "USA Today". Sep 7th, 2018.
  6. "Elon Musk Wants to Take Tesla Private" Tom Huddleston Jr.[6]. "CNBC". August 8th, 2018.
  7. "Tesla Saftey Violations" Alan Oshman.[7]. "Forbes" March 1st, 2019
  8. "Elon Musks Ethical Leadership" Joesph Vesnesky[8]. "PSU Education". June 15th, 2018
  9. "Elon Musk May Actually be Making a Website to Rate Journalists Credibility" Robert Ferris [9]. "CNBC". May 25th, 2018
  10. "Neuralink Homepage" [10] "Neuralink".
  11. "Elon Musk Neuralink Brain Implant" Michael Scaturro [11] "CNN Business". July 18th, 2019.