Monday, January 7, 2019

New Age of Elon Musk: Tesla, Space X, Boring - the future?

As the human race has come to master computer technology, we are now moving up to changing our vehicles into the lithium battery-based EV platform, an upgrade from combustion technology (which uses oil, gasoline, etc.).  Elon Musk is the pioneer leading the Electric Vehicle revolution.  He is the CEO and co-founder of Tesla which has manufactured the most amount of best-selling highest quality electric cars on the market, including the following models: Roadster, Model S, Model X and Model 3.  Furthermore, he owns two other companies that are important for future development in outer space and urban infrastructure.  Let's review his companies, and then take a look at Elon Musk himself.

Tesla - the most well-known company and largest manufacturer/seller of electric cars is the Electric energy company that relies on a powerful lithium-based rechargeable battery for renewable source of energy.  This renewable form of energy is better for the environment than anything that derives from fossil fuels (a.k.a. oil, coal) and could ultimately become cheaper over time.  The main problem right now is that EV technology is still new and very expensive.  Even the cheapest car from Tesla - the Model 3 - costs around $49,000! That's double the price of a Subaru SUV with more features! Tesla cars usually are reveled by consumers and the customer service at Tesla is outstanding! However, there have been some issues with cars catching on fire, as well as auto-pilot safety features.  Overall, Tesla has achieved very much in a short period of time.  Solar City, a solar energy company was bought out by Tesla and since then Tesla has built the Gigafactory 1, 2 and 3 for automatic assembly of batteries, parts and energy equipment.

Space X - They gained a government contract a few years ago and since then have designed rockets to go into Outer Space for cheaper than NASA has spent in the past.  So far, Space X has had a few successful launches (including one where Elon Musk sent his Tesla Roadster into space). An ambitious project to hope to bring humanity into the stars, and with a plan to soon go to Mars.

Boring - The last company of Musk's is a drilling company with the intention of creating the Hyperloop - a new form of transportation to travel via a tunnel quickly from one city to another through a sliding system (which we have seen before in Sci Fi movies).  This project has just started and is getting underway to become a unique factor in setting the standard for a new form of transportation technology.

About Elon Musk - Musk is an ambitious man who wants to change the world.  He has been very successful so far.  A wealthy entrepreneur, Musk will do everything in his power to meet his goals.  Sometimes he will get criticized, and when times are stressful for Musk he tends to take it out via Twitter.  For the most part Musk shows a lot of promise in influencing the future and changing the world.

No comments: