[347] In 2022, Musk said that he could "no longer support" the Democrats because they are the "party of division & hate",[350][351] and wrote a tweet encouraging "independent-minded voters" to vote Republican in the 2022 U.S. elections, which was an outlier among social media executives who typically avoid partisan political advocacy. They're afraid about committing to a job, much less committing to a relationship, much less committing to having kids. People work better when they know what the goal is and why. You have to decide. At the Satellite 2020 conference in Washington DC, someone from the audience told Musk many SpaceX jobs require a bachelors but preferrable a masters degree even though Musk has been vocal about not needing a degree. And then we got low birth rates during the Second World War because life was frightening and the men were away risking their lives. He changed his way of doing so after Zip2 and PayPal. There's a tremendous bias against taking risks. Numbers will never compensate for talent in getting the right answer (two people who don't know something are no better than one), will tend to slow down progress, and will make the task incredibly expensive. "[229][235] The 2021 book Power Play contains anecdotes of Musk berating employees. 1970s, economic stagnation. [277] Fortune wondered if the cannabis use could have ramifications for SpaceX contracts with the United States Air Force, though an Air Force spokesperson told The Verge that there was no investigation and that the Air Force was still determining the facts. [56] X.com was one of the first federally insured online banks and over 200,000 customers joined after its initial months of operation. Previously, only government organizations had managed to achieve this. [90], In 2015, SpaceX began development of the Starlink constellation of low-Earth-orbit satellites to provide satellite Internet access,[91] with the first two prototype satellites launched in February 2018. This is staggering. Peter Robinson: At the end of this interview. Best Paying Jobs In Finance Consumer Services, 20 High Income Skills You Need To Learn ASAP. And there's a restoration of national morale, which I'm not making up, all the polls pick it up. Elsewhere on another homework assignment, I talked about the new misery in the United States and things like of deaths of despair, it took our health sciences economy, a decade and a half to realize that the poor whites were killing themselves in these tragic new ways. [249] The alpha design for the system was published in a whitepaper posted to the Tesla and SpaceX blogs. ", The Columbia professor then recalled from just days ago, "We also had a remarkable statement from Secretary Blinken last Friday in a press conference where he said 'this is also atremendous opportunity'," which Sachs pointed out is "a strange way to talk if you're worried about piracy on international infrastructure of vital significance.". The public markets are crazy. And if you believe that you are in charge of your own destiny, that's a pretty good starting point. And there may be a longer term impact from this natural experiment, but we've had two years of it and it has not been drawing people back off the couch. Persistence is very important. Your lawn or toilet may be partly to blame. "In theory, it should be perfectly possible "for a modern society not only to maintain prosperity, "but to increase it in the face of pervasive population "aging and the demographic stagnation or depopulation." [285] He was first listed on the Forbes Billionaires List in 2012, with a net worth of $2billion. I'm stating this just to give you the chance to address it. Although he mentions the company won't survive without him, success and going concern are some critical issues that Elon has been vocal about. You're talking about all of the things that bring meaning to humanity and fears of humanity in ways that economists aren't so good at calculating or much less demographers. [462][463] Awards for his contributions to the development of the Falcon rockets include the American Institute of Aeronautics and Astronautics George Low Transportation Award in 2008,[464] the Fdration Aronautique Internationale Gold Space Medal in 2010,[465] and the Royal Aeronautical Society Gold Medal in 2012. [248] Later that year, Musk unveiled the concept, which he dubbed the hyperloop. [347] In the 2020 Democratic Party presidential primaries, Musk endorsed candidate Andrew Yang and expressed support for his proposed universal basic income. Helicopters]" Guide. Much Appreciated, Your email address will not be published. I don't believe in process. In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company. [169], In 2016, Musk co-founded Neuralink, a neurotechnology startup company, with an investment of $100million. [208] Exactly a month after announcing the takeover, Musk stated that the deal was "on hold" following a report that 5% of Twitter's daily active users were spam accounts,[209] causing Twitter shares to drop more than 10percent. "In one sense this is a reassuring, even heartening finding; "it highlights the agency "at the very heart of our humanity." Born in South Africa, Mr Musk showed his talents for entrepreneurship early, going door-to-door with his brother selling homemade chocolate Easter eggs and developing his first computer game at the age of 12. I actually tried hanging out in the [Netscape] lobby, but I was too shy to talk to anyone. [3] They were born weeks before Musk and Grimes had their second child via surrogate in December. In 2018, the U.S. Securities and Exchange Commission (SEC) sued Musk for falsely tweeting that he had secured funding for a private takeover of Tesla. Needless to say this is not an aspect to the "debate" surrounding the mysterious sabotage of Nord Stream that's at all up to this point been featured on Bloomberg, CNN, MSNBC or other major news shows. Consider Elon Musk, Tesla CEO and business magnate,now most prominent among their ranks. And below - an accurate observation which could be applied to the cases of both Musk and Sachs expressing alternate opinions which disrupted the intense groupthink and policing of the narrative on Ukraine: The amount of people on that thread that are repulsed by the idea of peace in Ukraine was easily the most disgusting thing Ive seen. Professor Jeffrey Sachs dropping counter-narrative bombs on #Bloomberg, blowing Tom Keenes mind pic.twitter.com/wk9GRGGLdG, "Uh, Jeff, we've got to stop there," Keene strongly interjected, leaving Sachs perplexed over why he couldn't continue the thought. It is possible to admire the huge successes accomplished by Elon Musk. The BBC is not responsible for the content of external sites. [325], Musk has long promoted the colonization of Mars and argues that humanity should become a "multiplanetary species". In more recent years, he has been describing this country's problem publishing, "Men Without Work: America's Invisible Crisis" in 2016. All those overbuilt neighborhoods in Las Vegas, all the building in Florida, those huge tracks being erected in Texas, what happens if nobody is around to live in them? And the tweet was deleted. What we are aspiring to do is to help make humanity a true space-faring civilization and ultimately become a multi-planet species. The track was used in January 2017, and Musk also announced that the company started a tunnel project, with Hawthorne airport as its destination. ", "Elon Musk has officially been made the 'Technoking of Tesla', "Worth the Watt: A Brief History of the Electric Car, 1830 to Present", "In a Silicon Valley milestone, Tesla Motors begins delivering Model S electric cars", "Tesla's Model X electric car spreads falcon wings at U.S. launch", "In Pivotal Moment, Tesla Unveils Its First Mass-Market Sedan", "Tesla Model 3 Has Passed 1 Million Sales", "Tesla Passes 1 Million EV Milestone & Model 3 Becomes All Time Best Seller", "Tesla Model Y deliveries begin in the US", "This is the James Bond sports car Elon Musk bought for nearly $1million that inspired Tesla Cybertruck", "Tesla Wins Approval to Open European Assembly Plant", "With First Share Offering, Tesla Bets on Electric Car's Future", "Tesla overtakes Toyota to become world's most valuable carmaker", "Tesla Shines During the Pandemic as Other Automakers Struggle", "Tesla shares fall 6% as it enters the S&P 500 with 1.69% weighting, fifth largest", "Tesla Stock Joins the S&P 500: A Game Changer", "Tesla is now worth more than $1trillion", "Elon Musk sold about $6.9billion in Tesla stock this week", "Tesla's Musk exercises all of his stock options expiring next year", "WSJ News Exclusive | SEC Probes Trading by Elon Musk and Brother in Wake of Tesla CEO's Sales", "Elon Musk debuts Tesla robot, Optimus, calling it a 'fundamental transformation', "S.E.C. And for that, I think economics is fine so far as it goes, but what you really need instead of a Nobel Laureate in economics is a Nobel Laureate in literature, because you're talking about Sitegeist, you're talking about the human heart. "Yet the Biden administration's witless posture "on immigration, its maddening insouciance "about our Southern border and stubborn lack of concern "about illegal immigrants, seems almost designed "to provoke anti-immigration outrage." He listed a few geniuses that have done so: Bill Gates, Steve Jobs, and Larry Ellison. [339][340] Musk later advocated for Taiwan to become a special administrative region of China which drew cross-party criticism from Taiwanese lawmakers. He wrote: Doing my best to help the underpopulation crisis. [341][342][343] In October 2022, Musk posted a Twitter poll and "peace plan" to resolve the Russian invasion of Ukraine, which was criticized by Ukrainian officials. This comes after he allegedly fathered twins with one of his employees. This quote connects with another quote from Musk: Don't tell me what you like, tell me what you don't like. I hope you enjoyed it! Were headed toward a situation where AI is vastly smarter than humans. A former employee, Ryan Popple, disclosed this quote, remembering Musk's answer to an employee when he complained about working too hard. Tesla stock dropped after the incident, which coincided with the confirmation of the departure of Tesla's vice president of worldwide finance earlier that day. He said during the International Astronautical Congress (IAC) conference in Adelaide, Australia, in 2017. Located on the campus of Stanford University and in Washington, DC, the Hoover Institution is the nations preeminent research center dedicated to generating policy ideas that promote economic prosperity, national security, and democratic governance.. [72] With $100million of his own money,[73] Musk founded SpaceX in May 2002 and became the company's CEO and Chief Engineer. This Elon Musk quote represents a key element for someone who had SpaceX technologies got $1 Billon by Google and Fidelity Investments in 2015 and 2021 got $1.2 Billon more with a valuation of $74 billion. And at the end of that decade, the Berlin wall comes down. As a result, Musk and Tesla were fined $20million each, and Musk was forced to step down for three years as Tesla chairman but was able to remain as CEO. And if you did the snapshot for a couple of years, it looked like there was a dip below replacement. 9H ago Whereas most of the world, certainly most of the world counted by population, is on the sidelines. Despite completing his undergraduate studies in Physics and enrolling for his Ph.D. in the same field, he dropped out to follow his passion for computers. Vanity Fair journalist Devin Gordon revealed the theory during a new BBC documentary, after having interviewed the Canadian musician earlier this year. Before Musk started SpaceX, he realized that rockets were expensive because the industry had not evolved for over 50 years. Robin Wheeler, Twitter's head of ad sales, seems to have left the As per The Guardian, the head of the leading European Space Agency accused Musk of making the rules when it came to space. Last fall, when the head of the United Nations World Food Programme called on billionaires to make one-time donations to solve the world's food crisis, Mr Musk responded with scepticism to the challenge. So why not? Helicopters]". There's a general correspondence, general correspondence between improved educational attainment and improved productivity. Nicholas Eberstadt: The work rate, this is another part, Peter, of this new misery, the big problems hiding in plain sight in America for some reason. Elon Musk built PayPal and SpaceX and currently runs one of the worlds most disruptive companies, Tesla. ", Sachs responded Well, first, there is direct radar evidence thatUS military helicoptersthat are normally based in Gdansk were circling over this area," noting additionally that "We also had the threat from the US earlier this year that 'one way or another we are going to end Nord Stream'. Peter Robinson: You can buy babies forward, so to speak, but you can't buy more of them. If you look at China in its particulars, which would be the competitor to us, there isn't a really a close second yet. [432] In December 2021, Grimes and Musk had a second child, a daughter named Exa Dark Siderl Musk (nicknamed "Y"), born via surrogacy. Why don't we have more of them as we become a richer society instead of fewer? We look at its components and what we might call the productivity or human capital, the quality of human resources if we want to get into this a little bit more. And you're talking about medical spending, Medicare, Medicaid, the Children's Health Insurance Program and Obamacare, those four programs account again for another 25% of federal spending. If we're stuck with this America of creeping despair and a continuing loss in its relative importance in the rest of the world, what do you say to your kids about how to lead a good life in different circumstances from the ones in which you yourself grew up? Peter Robinson: I just wanna repeat this because I had this wrong myself, and so other people may have a mis We're told over and over again, that among the Orthodox in Israel, the birth rate is very, very high and that's true. [227][228][229] Musk said he expects his employees to work for long hours, sometimes for 80 hours per week. [326] He has suggested the use of nuclear weapons to terraform Mars. He claims that Twitter hasnt met its contractual obligations. So thats why I think something that makes a big difference, but affects a small to moderate number of people is great, as is something that makes a small difference but affects a vast number of people. You might even make the argument that it's okay to take out bonds, to build infrastructure where you can amortize on some sort of ROI scale, but when you are basically using your credit card to go to the Safeway and things are not gonna work out too well because today's consumption for seniors like myself are being financed by the unborn and that's not a good business model. Elon Musk remembers failing in the first three launches of Space X. Two years later, he matriculated at Queen's University and transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics. What you are saying is that because we have set this up the way we've set it up, one half of federal spending is simply becoming untenable. That will likely include sacrifices among the older generations. [367][368], Musk condemned COVID-19 lockdowns and initially refused to close the Tesla Fremont Factory in March 2020, defying the local shelter-in-place order. Elon Musk said in an interview with Business Insider in December 2020 about the nature of stock markets weeks before becoming the richest person on the planet. Although studies show such practices have created additional problems driving water pollution, contributing to climate change, and perhaps even decreasing the nutritional value of food Johnston points out that many nations are now facing the opposite of starvation. They get countries in Africa, Central America, expand their Navy, Blue-water navy, and we have a collapse in national morale, particularly with a defeat in Vietnam and then the agony of Watergate. Simplicity is a great virtue but it requires hard work to achieve it and education to appreciate it. Here are the top Elon Musk quotes. 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