Elon Musk Biography l Tesla Motors l #3

Infotainment*

#elonmusk #teslamotors #infotainment

channel link-
https://youtube.com/channel/UC1NDG37gAw20eqT28icUTsQ
insta id -
https://instagram.com/gourang_22?utm_medium=copy_link
Elon Musk Biography
Part 1 :
https://youtu.be/N-f4ROgBurU
Elon Musk Biography
Part 2 :
https://youtu.be/MRIcYFEE474
Tesla Motors -
Tesla, Inc.—originally Tesla Motors—was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning, who financed the company until the Series A round of funding. Both men played active roles in the company's early development prior to Musk's involvement. Musk led the Series A round of investment in February 2004; he invested $6.5 million, became the majority shareholder, and joined Tesla's board of directors as chairman. Musk took an active role within the company and oversaw Roadster product design but was not deeply involved in day-to-day business operations. Following a series of escalating conflicts in 2007 and the 2008 financial crisis, Eberhard was ousted from the firm. Musk assumed leadership of the company as CEO and product architect in 2008. A 2009 lawsuit settlement with Eberhard designated Musk as a Tesla co-founder, along with Tarpenning and two others.

As of 2019, Elon Musk is the longest tenured CEO of any automotive manufacturer globally.

Tesla first built an electric sports car, the Roadster, in 2008. With sales of about 2,500 vehicles, it was the first serial production all-electric car to use lithium-ion battery cells.Tesla began delivery of its four-door Model S sedan in 2012;a cross-over, the Model X was launched in 2015. A mass market sedan, the Model 3 was released in 2017.As of March 2020, it is the world's best-selling electric car, with more than 500,000 units delivered. A fifth vehicle, the Model Y crossover, was launched in 2020. The Cybertruck, an all-electric pickup truck, was unveiled in 2019. Under Musk, Tesla has also constructed multiple lithium-ion battery and electric vehicle subassembly factories, such as Gigafactory 1 in Nevada and Gigafactory 3 in China.

Since its initial public offering in 2010,[Tesla stock has risen significantly; it became the most valuable carmaker in summer 2020 It entered the S&P 500 later that year.
Solar City and Tesla Energy -
Musk provided the initial concept and financial capital for SolarCity, which his cousins Lyndon and Peter Rive co-founded in 2006. By 2013, SolarCity was the second largest provider of solar power systems in the United States. In 2014, Musk promoted the idea of SolarCity building an advanced production facility in Buffalo, New York, triple the size of the largest solar plant in the United States. Construction on the factory started in 2014 and was completed in 2017. It operated as a joint venture with Panasonic until early 2020 when Panasonic departed.

Tesla acquired SolarCity for over $2 billion in 2016 and merged it with its battery energy storage products division to create Tesla Energy. The announcement of the deal resulted in a more than 10% drop in Tesla's stock price. At the time, SolarCity was facing liquidity issues; however, Tesla shareholders were not informed. Consequently, multiple shareholder groups filed a lawsuit against Musk and Tesla's directors, claiming that the purchase of SolarCity was done solely to benefit Musk and came at the expense of Tesla and its shareholders. During a June 2019 court deposition, Musk acknowledged that the company reallocated every possible employee from the solar division to work on the Model 3, and, according to Musk, "as a result, solar suffered." This had not previously been disclosed to shareholders. Court documents unsealed in 2019 have confirmed that Musk was also aware of the company's liquidity issues. Tesla directors settled the lawsuit in January 2020, leaving Musk the sole remaining defendant.
Neuralink -
In 2016, Musk co-founded Neuralink, a neurotechnology startup company to integrate the human brain with AI. Neuralink's purpose is to create devices that are embedded in the human brain to facilitate the merging of the brain with machines. The devices will also reconcile with the latest improvements in artificial intelligence to stay updated. Such improvements could enhance memory or allow the devices to communicate with software more effectively.

At a live demonstration in August 2020, Musk described one of their early devices as "a Fitbit in your skull" that could soon cure paralysis, deafness, blindness, and other disabilities. Many neuroscientists and publications criticized these claim MIT Technology Review described them as "highly speculative" and "neuroscience theater

Видео Elon Musk Biography l Tesla Motors l #3 канала GOURANG 1