https://padlet.com/austicol0001/3etyyumkuqhrvuo6 Author: Ashlee Vance en-us 2021-04-27 16:53:38 UTC 2021-06-12 06:54:53 UTC hello@padlet.com austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1599635716 Vance, Ashlee. Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. Ecco, an Imprint of HarperCollins Publishers, 2015. ]]> 2021-06-10 21:18:18 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1599635716 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600300463 Musk gas a grueling weekly schedule. He spends Monday morning to Tuesday night at SpaceX, then flies to Silicon Valley to work at Tesla during Wednesday and Thursday. He then flies back to L.A. He truly believes in what he’s doing, to be able to continue such a lifestyle. "Musk tabulates the amount of flight time he endures per week to help him get a sense of just how out of hand things are getting," (Page 17).  

]]> 2021-06-11 04:10:53 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600300463 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600302284 His upbringing was difficult, in South Africa. Musk’s parents separated and he chose to live with his dad, to give him company, even though it was still very tough to do this, as there was turmoil between them. He was bullied in school regularly, and once even had to miss a whole week of school due to the severe beating he received.

]]> 2021-06-11 04:12:16 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600302284 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600305386 Musk withdrew into books, to avoid the hardships of everyday life. He read two encyclopedias and remembered “everything”. His favorite book was: “The Hitchhiker’s Guide to the Galaxy”. This book taught him that it’s easy to answer a question, but knowing what the right question in the first place, was hard. "Once you figure out the question, then the answer is relatively easy," (Page 24).

]]> 2021-06-11 04:14:37 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600305386 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600307228 Musk was learning Entrepreneurship when he was young. We was already selling his video game Blastar, for $500, when he was just 12 years old. In high school, he already formed very strong opinions about solar power, colonizing other planets, paperless banking, and space rockets.

]]> 2021-06-11 04:16:06 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600307228 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600308874 Elon escaped military service in South Africa, by immigrating to Canada, although he originally wanted to go to the US. He attended Queens University, where his confidence began to soar, and his character took shape. "There's no question, though, that Musk had been pining to get to the United States on a visceral level for a long time," (Page 44).

]]> 2021-06-11 04:17:27 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600308874 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600310503 Through college he met Justine Wilson, who ended up becoming the mother of his 6 sons. At first Justine had no interest in Elon. She stood him up for their first date, but he wouldn’t take no for an answer. 

]]> 2021-06-11 04:18:50 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600310503 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600315969 Musk spent 2 years at Queens University in Canada, but transferred to the University of Pennsylvania, where he continued to do well. He became very comfortable with his fellow physics students, some of which proved to be valuable both personally and financially. "Musk blossomed even more at Penn, and really started to feel comfortable with his felloe physics students," (Page 51).

]]> 2021-06-11 04:23:06 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1600315969 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602261469 After Musk graduated, he was eager to jump on the dotcom bandwagon. He founded the Global Link Information Network in 1995, which was renamed to Zip2, which helped businesses clueless about the internet, to get online.]]> 2021-06-12 05:29:27 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602261469 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602262275 In February of 1999, Compaq Computer offered to pay $307 million for Zip2 in cash. Musk, however, was not interested in working for Compaq, and was already planning to become a successful CEO. "As soon as it was clear the company would be sold, Elon was on to his next project," (Page 72).

]]> 2021-06-12 05:31:02 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602262275 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602262771 With the money from the Compaq acquisition, Musk bought a McLaren sports car, a condo and a prop plane. The rest of the money went into a new internet company: X.com Elon partnered with Barclays and FDIC insurance, and was able to establish the first online bank, which also offered three mutual funds which investors could choose from.

]]> 2021-06-12 05:31:46 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602262771 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602264803 Musk’s competition came in the form of Peter Thiel and Max Levchin at Confinity and their new product Paypal. There was a brief battle between Confinity and X.com, but shortly after they decided to join forces because of complementary positions: Confinity’s bette product, Paypal, and X.com’s money and superior banking products. "Shortly after the deal closed, X.com raised $100 million from backers," (Page 86).]]> 2021-06-12 05:35:59 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602264803 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602265439 Two months after the merge, Thiel resigned, and Levchin also threatened to do so. Musk still kept pushing the X.com brand, although most employees preferred PayPal. The company was renamed from X.com to PayPal. In 2002, it was sold to eBay for $1.5 billion. Musk’s share was $250 million.]]> 2021-06-12 05:37:27 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602265439 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602266336 In 2001, on his 30th birthday, Musk moved to L.A., right around the corner from the hub of the space industry. Musk always wanted to get involved in space. "Musk's first interactions with the aeronautics community were with an eclectic collection of space enthusiasts, members of a nonprofit group called the Mars Society. Dedicated to exploring and settling the Red Planet," (Page 99).]]> 2021-06-12 05:39:22 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602266336 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602267375 In June, of 2002, Elon started SpaceX. (Space Exploration Technologies). At this time, sending 500lbs into orbit had cost $30 million and up. Elon was able to improve this, and sent 1,400lbs into space at a cost of $6.9 million with the Falcon 1 rocket.

]]> 2021-06-12 05:41:18 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602267375 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602267761 Musk knew that most launches failed to date, for example: Atlas’ 9 out of 20 had failed. He was prepared for failure. It actually took him 4 years to achieve the first successful launch. This dedication paid off, as SpaceX became the first commercial company to carry the Dragon capsule to space and retrieve it back to earth, with an ocean landing. "The failures seemed to do little to curtail Musk's vision for the future or raise doubts about his capabilities," (Page 143).

]]> 2021-06-12 05:42:18 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602267761 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602268396 Musk helped the world recognize electric car technology as exciting and ever-progressing. J.B. Straubel, Martin Eberhard and Marc Tarpenning were already working on lithium-ion powered electric cars. Eberhard and Tarpenning founded Tesla Motors on July 1st, 2003. Straubel then joined them.

]]> 2021-06-12 05:43:46 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602268396 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602269259 By 2012, Tesla’s Model S has been named Motor Trend’s “car of the year”. Consumer Reports gave it the highest rating ever in history, of 99/100. Tesla has been considered the most successful emerging car company since Chrysler in 1925. "Elon Musk had built the automotive equivalent of the iPhone," (Page 269).

]]> 2021-06-12 05:45:21 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602269259 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602269718 Elon Musk joined the Rive brothers to become the chairman and largest shareholder. Six years later, SolarCity became the largest installer of solar panels in America. SolarCity was valued close to $7 billion in 2014, and has expanded to the business sector, servicing customers like Walmart and Intel.

]]> 2021-06-12 05:46:22 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602269718 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602271653 SolarCity, SpaceX and Tesla all complement each other strategically. This common and ambitious goal is: sustainable living for all of human kind. "SolarCity, like the rest of Musk's ventures, did not represent a business opportunity so much as it represented a worldview," (Page 321).

]]> 2021-06-12 05:50:29 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602271653 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602271956 SpaceX is testing it’s ability to take people into space in 2016, and to the international space station. Elon’s dream is to be the first man to set foot on Mars.

]]> 2021-06-12 05:51:14 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602271956 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602298069 2021-06-12 06:46:58 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602298069 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602298665 2021-06-12 06:48:31 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602298665 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602299107 2021-06-12 06:49:42 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602299107 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602299912 2021-06-12 06:51:26 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602299912 austicol0001 https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602300202 2021-06-12 06:52:11 UTC https://padlet.com/austicol0001/3etyyumkuqhrvuo6/wish/1602300202