The Tesla And SpaceX Revolution: Elon Musk
Mayank Mishra | Jun 15, 2020
Cover Photo Courtesy: TheStreet
There is no doubt that in the 21st century, developing technology companies will play a crucial role in reshaping our future trajectory and providing solutions to current problems. The most prominent example is Tesla Motors, one of Elon Musk’s many startups (SpaceX, SolarCity are also his projects) which is continuously striving towards solving the big issues of future generation like sustainable and eco-friendly fuel. Despite being one of the newest players in this field, it is continually striving to have a positive impact on human civilization. With such an iconic leader as Musk and having such futuristic innovations, these companies differ greatly from the other tech companies which have ruled the vehicle industry in the past.
Tesla Motor’s success has surprised investors and consumers, with much of its success and accomplishments rooted in Elon Musk’s unrealistic desire to achieve the unachievable. In 2004, when Musk became the CEO of Tesla Motors, the idea of developing an electric-powered vehicle was in its budding stage. Musk’s ideas revolved around the concept that while the combustion fuel engine relies solely on oil for fuel, electric engines would be able to draw their electricity from a broader set of options like wind power, solar power, and hydroelectricity which are far more eco-friendly and sustainable.
Photo Credit: TESLARATI
When Roadster, Tesla Motors’ first electric sports car, boasting 268 horsepower, 0-65 mph in 3.78 seconds and 255 miles on a single charge, was launched in 2008, it received great appreciation, sold many cars, and cemented Tesla’s reputation as an affordable and reliable electric vehicle venture. It also provided the budding company in the vehicle sectors with valuable experience in building electric vehicles.
But the inclusiveness of Roadster didn’t fulfil Elon Musk’s plans to move human species completely towards electric transportation. So, taking a step further towards his goals, Tesla motors launched Model S, which completely revolutionized the electric vehicle industry and impressed every individual and organization. Musk also built valuable business relations and had positive interactions with other CEOs of his industry. Musk’s leadership also led to Tesla receiving hundreds of millions of dollars in financing from the U.S government and other private investors.
Recently, Elon Musk made headlines for making an advancement in the concept of an affordable electric car with the mammoth success of the Model 3 (Tesla Motors), the best-selling luxury car of 2018. The Model 3, priced at $44,060 and has sold 148,000 units in 2018-19, is a huge step up from the sale of only 2,600 Roadsters.
Photo Credit: The Denver Post
Besides, Musk is also revolutionizing the Space industry with his company SpaceX which he started back in 2002 and is working towards its goal of taking humans to Mars by 2028. SpaceX made headlines in 2016 when it successfully launched and landed the first-ever reusable rocket boosters of Falcon 9 Heavy. On June 3rd, 2020 SpaceX became the first private company to ship humans to International Space Station (ISS). So, from the recent success of SpaceX, one can be very sure and rely on Musk for colonizing Mars by the end of the next decade.
Photo Credit: TESLARATI
Musk has shown us that a perfect blend of scientific knowledge, hard work and strong determination can make us achieve the unachievable dreams humankind has seen and then just change the trajectory of humankind in the coming ages.