Tesla’s $720 Million Loss; Best Places To Retire | Forbes Flash

Tesla’s $720 Million Loss; Best Places To Retire | Forbes Flash

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Imagine Underground Traffic Tunnels to Solve the World's Traffic Problem?

Elon Reeve Musk (/ˈiːlɒn ˈmʌsk/; born June 28, 1971) is a South African-born Canadian-American business magnate, investor,^[8][9] engineer,^[10] and inventor.^[15]

He is the founder, CEO, and CTO of SpaceX; co-founder, CEO, and product architect of Tesla Inc.; co-chairman of OpenAI; founder and CEO of Neuralink. He was previously co-founder and chairman of SolarCity; co-founder of Zip2; and founder of X.com, which merged with Confinity and took the name PayPal.^[20] As of May 2017, he has an estimated net worth of $15.2 billion, making him the 80th-wealthiest person in the world.^[21] In December 2016, Musk was ranked 21st on the Forbes list of The World's Most Powerful People.^[22]

Musk has stated that the goals of SolarCity, Tesla, and SpaceX revolve around his vision to change the world and humanity.^[23] His goals include reducing global warming through sustainable energy production and consumption, and reducing the "risk of human extinction" by "making life multiplanetary"^[24][25] by establishing a human colony on Mars.

In addition to his primary business pursuits, he has also envisioned a high-speed transportation system known as the Hyperloop, and has proposed a VTOL supersonic jet aircraft with electric fan propulsion, known as the Musk electric jet.^[26][27]