Home Billionaires Top 30 Successes & Failures Of Elon Musk

Top 30 Successes & Failures Of Elon Musk

TristaAugust 6, 2020

Elon Musk is only human, which means he has said some controversial things that not everybody likes. Shutterstock.

3. Under Fir

In 2017, Musk announced that he wanted to take Tesla private, which would mean a massive restructuring of the company. Some shareholders complained that he was making misleading claims to increase the share price, and the Securities And Exchange Commission got involved. Tesla remains a publicly-traded company.

Following his role in the rescue attempt of a group of boys who became trapped in a cave in Thailand, lawsuits were filed against Musk for defamation. Specifically, he made a Tweet accusing one of the rescuers of being a pedophile. The accusation was false, and Musk later deleted the Tweets.

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Interviews and Twitter often get people in trouble. Shutterstock.

2. Doesn’t Mix Well With Success

Though Musk has been the CEO of Tesla since 2008 and is the longest-serving CEO of an automobile company, the Securities And Exchange Commission requested that Musk not be allowed to serve as CEO in a publicly-traded company. This action is due to some public comments that Musk made about Tesla. A board now oversees him and his communications.

Maybe his dreaming works best when he is beset by failures and setbacks and has to muster up the courage to continue pursuing what he loves. Visionaries don’t work for financial success, and acquiring a vast fortune has turned previous visionaries into business people.

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Without Musk, the internet, automobiles, and exploration would be completely different. Shutterstock.

1. Shaping The Twenty-First Century

Musk’s dreams have become a reality, from launching an internet payment service to building rockets because he got spit on by a Russian official. From helping to develop concept electric cars to imagining something called a Hyperloop. All of these have taken society far into the future.

He has mainstreamed the possibility of using technology not requiring fossil fuels and developing infrastructure that supports renewable energy. He encourages progress that does not harm the environment and create additional climate change, making him a man of his century.

Sources:

“A Timeline of Elon Musk’s Achievements!” V12 Society.

“Elon Musk.” Wikipedia.

“Elon Musk’s Failure Timeline Shows a History of Overcoming Setbacks.” Inverse. May 18, 2018.

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