Elon Musk | SpaceX

CEO AND LEAD DESIGNER

Elon Musk is the founder, CEO and lead designer at Space Exploration Technologies (SpaceX), where he oversees the development and manufacturing of advanced rockets and spacecraft for missions to and beyond Earth orbit.

Founded in 2002, SpaceXs mission is to enable humans to become a spacefaring civilization and a multi-planet species by building a self-sustaining city on Mars. In 2008, SpaceXs Falcon 1 became the first privately developed liquid-fuel launch vehicle to orbit the Earth. Following that milestone, NASA awarded SpaceX with contracts to carry cargo and crew to the International Space Station (ISS). A global leader in commercial launch services, SpaceX is the first commercial provider to launch and recover a spacecraft from orbit, attach a commercial spacecraft to the ISS and successfully land an orbital-class rocket booster. By pioneering the development of fully and rapidly reusable rockets and spacecraft, SpaceX is dramatically reducing the cost of access to space, the first step in making life on Mars a reality in our lifetime.

Elon is also the co-founder, CEO and product architect of Tesla, which makes electric cars, giant batteries and solar products. He is the co-founder and chairman of OpenAI, a nonprofit research company working to build safe artificial intelligence and ensure that AI’s benefits are as widely and evenly distributed as possible.

Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services, which helped bring major publishers, including the New York Times and Hearst, online.

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Elon Musk | SpaceX

Elon Musk

Musk was accepted to a graduate program at Stanford, but deferred attendance to launch his first business, software company Zip2.

In 2015 Musk gifted 1.2 million Tesla shares to his foundation, which spent $480,000 in late 2018 to provide clean drinking water to schools in Flint, Michigan.

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Elon Musk

Elon Musks Ultimatum to Tesla: Fight the S.E.C., or I …

Securities and Exchange Commission officials were understandably taken aback on Thursday morning when Teslas board and its chairman, Elon Musk abruptly pulled out of a carefully crafted settlement.

After the S.E.C. responded by accusing Mr. Musk, but not the company that he had co-founded, of securities fraud, the board further defied regulators, issuing a provocative statement saying that the directors were fully confident in Elon, his integrity, and his leadership of the company.

It was a stunning reversal: The board had rejected a settlement that was extraordinarily generous it would have allowed Mr. Musk to remain as chief executive, and required him to step down as chairman for only two years. Now, the company was at risk of losing Mr. Musk as chairman and chief executive if regulators prevailed in court.

What it tells us is this board, as a strategic plan, must be using the Jim Jones-Jonestown suicide pact, Jeffrey Sonnenfeld, a professor at the Yale School of Management, said Friday on CNBC. They are drinking the Kool-Aid of the founder. It is completely as self-destructive as Musk is.

But Mr. Musk had given the board little choice: In a phone call with directors before their lawyers went back to federal regulators with a final decision, Mr. Musk threatened to resign on the spot if the board insisted that he and the company enter into the settlement. Not only that, he demanded the board publicly extol his integrity.

Threatened with the abrupt departure of the man who is arguably Teslas single most important asset, the board caved to his demands, according to three people familiar with the boards decision.

The next day, Teslas lawyers were back at the S.E.C., all but groveling for a second chance this time with Mr. Musks grudging approval.

One factor in Mr. Musks change of heart: Teslas stock plunged Friday morning as investors absorbed news of the rejected settlement and the possibility that the S.E.C. would force Mr. Musk to step down. It would finish down almost 14 percent on Friday.

On Saturday, the company and Mr. Musk finally agreed to settle the matter, ending a crisis that began with Mr. Musks now-infamous Twitter post saying that he had funding secured for a buyout at $420 a share.

Mr. Musks 48 hours of obstinance came at a significant price to him and the company. They had passed on Thursdays generous offer, and the S.E.C. felt compelled to extract greater concessions. The ban on Mr. Musks serving as chairman went from two years to three, and his fine doubled to $20 million. Tesla will also pay a $20 million fine, and Mr. Musk agreed to personally buy the same amount in Tesla stock.

The S.E.C. is also requiring the company to add two independent directors and to elect an independent director as chairman.

Rejecting such a favorable settlement is proof that he needs monitoring, said John C. Coffee Jr., a professor at Columbia Law School. He didnt have a legal leg to stand on, and Im sure his lawyer told him that. But he got very touchy about not being able to proclaim his innocence.

From Mr. Musks view, that had been a crucial problem with a settlement from the beginning. Mr. Musk neither admitted nor denied guilt as part of the agreement, and he cannot publicly contest the S.E.C.s allegations. He cannot say, as he did on Thursday, that I have always taken action in the best interests of truth, transparency and investors and the facts will show I never compromised this in any way.

Teslas stock has rebounded this week, reflecting investors relief that Mr. Musk will remain as chief executive while the company puts mechanisms in place to curb his increasingly impulsive behavior. The board will closely watch Mr. Musks communications with investors, and establish a permanent committee responsible for, among other things, monitoring disclosures.

But it remains to be seen how effective the board can be, given Mr. Musks erratic temperament and his dominant role in the company.

People involved in the boards deliberations this week told me that some directors have proposed their fellow director, James Murdoch the chief executive of 21st Century Fox, most of which is being sold to the Walt Disney Company as chairman. But Mr. Murdoch hasnt volunteered for the post nor has he discussed it with any other director. And another person close to the selection process said the board hadnt yet engaged in any serious discussions of who should be chairman. The people spoke on the condition of anonymity because the board discussions were private.

Under terms of the settlement, the board has 45 days before Mr. Musk must resign. Whether it is Mr. Murdoch or another similarly qualified candidate who takes over as chairman, managing Mr. Musk will be no easy challenge.

Independent directors frequently face difficulty asserting themselves in any company with an outsize figure like Mr. Musk, whether it be a founder, controlling shareholder or powerful chief executive, said Lucian Bebchuk, a professor at Harvard Law School and an expert in corporate governance. Such people can often replace any director who crosses them, he said.

Adding two independent directors can be expected to help, but its impact is likely to be limited, Professor Bebchuk said. As courts and governance researchers have long recognized, the presence of a dominant shareholder is likely to reduce the effectiveness of independent directors as overseers of the C.E.O.s decisions and behavior.

In the end, it took legal action by the S.E.C. to accomplish what had been increasingly obvious to most Tesla observers, including many of Teslas own directors: For all his brilliance, Mr. Musks reckless impulses must be kept in check.

Foremost among those should be threats to quit if he doesnt get his way.

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Elon Musks Ultimatum to Tesla: Fight the S.E.C., or I …

Elon Musk | SpaceX

CEO AND LEAD DESIGNER

Elon Musk is the founder, CEO and lead designer at Space Exploration Technologies (SpaceX), where he oversees the development and manufacturing of advanced rockets and spacecraft for missions to and beyond Earth orbit.

Founded in 2002, SpaceXs mission is to enable humans to become a spacefaring civilization and a multi-planet species by building a self-sustaining city on Mars. In 2008, SpaceXs Falcon 1 became the first privately developed liquid-fuel launch vehicle to orbit the Earth. Following that milestone, NASA awarded SpaceX with contracts to carry cargo and crew to the International Space Station (ISS). A global leader in commercial launch services, SpaceX is the first commercial provider to launch and recover a spacecraft from orbit, attach a commercial spacecraft to the ISS and successfully land an orbital-class rocket booster. By pioneering the development of fully and rapidly reusable rockets and spacecraft, SpaceX is dramatically reducing the cost of access to space, the first step in making life on Mars a reality in our lifetime.

Elon is also the co-founder, CEO and product architect of Tesla, which makes electric cars, giant batteries and solar products. He is the co-founder and chairman of OpenAI, a nonprofit research company working to build safe artificial intelligence and ensure that AI’s benefits are as widely and evenly distributed as possible.

Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services, which helped bring major publishers, including the New York Times and Hearst, online.

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Elon Musk | SpaceX

Elon Musk | SpaceX

CEO AND LEAD DESIGNER

Elon Musk is the founder, CEO and lead designer at Space Exploration Technologies (SpaceX), where he oversees the development and manufacturing of advanced rockets and spacecraft for missions to and beyond Earth orbit.

Founded in 2002, SpaceXs mission is to enable humans to become a spacefaring civilization and a multi-planet species by building a self-sustaining city on Mars. In 2008, SpaceXs Falcon 1 became the first privately developed liquid-fuel launch vehicle to orbit the Earth. Following that milestone, NASA awarded SpaceX with contracts to carry cargo and crew to the International Space Station (ISS). A global leader in commercial launch services, SpaceX is the first commercial provider to launch and recover a spacecraft from orbit, attach a commercial spacecraft to the ISS and successfully land an orbital-class rocket booster. By pioneering the development of fully and rapidly reusable rockets and spacecraft, SpaceX is dramatically reducing the cost of access to space, the first step in making life on Mars a reality in our lifetime.

Elon is also the co-founder, CEO and product architect of Tesla, which makes electric cars, giant batteries and solar products. He is the co-founder and chairman of OpenAI, a nonprofit research company working to build safe artificial intelligence and ensure that AI’s benefits are as widely and evenly distributed as possible.

Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services, which helped bring major publishers, including the New York Times and Hearst, online.

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Elon Musk | SpaceX

Elon Musk

$12B

Billionaires March 2015

$13.9B

Richest In Tech August 2015

$13.3B

Forbes 400 September 2015

$10.7B

Billionaires March 2016

$12.7B

Richest In Tech August 2016

$11.6B

Forbes 400 October 2016

$13.9B

Billionaires March 2017

$20.7B

Richest In Tech August 2017

$20.8B

Forbes 400 October 2017

$19.9B

Billionaires March 2018

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Elon Musk

Elon Musk sends engineers to help Thailand cave rescue …

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Continued here:

Elon Musk sends engineers to help Thailand cave rescue …

Elon Musk | SpaceX

CEO AND LEAD DESIGNER

Elon Musk is the founder, CEO and lead designer at Space Exploration Technologies (SpaceX), where he oversees the development and manufacturing of advanced rockets and spacecraft for missions to and beyond Earth orbit.

Founded in 2002, SpaceXs mission is to enable humans to become a spacefaring civilization and a multi-planet species by building a self-sustaining city on Mars. In 2008, SpaceXs Falcon 1 became the first privately developed liquid-fuel launch vehicle to orbit the Earth. Following that milestone, NASA awarded SpaceX with contracts to carry cargo and crew to the International Space Station (ISS). A global leader in commercial launch services, SpaceX is the first commercial provider to launch and recover a spacecraft from orbit, attach a commercial spacecraft to the ISS and successfully land an orbital-class rocket booster. By pioneering the development of fully and rapidly reusable rockets and spacecraft, SpaceX is dramatically reducing the cost of access to space, the first step in making life on Mars a reality in our lifetime.

Elon is also the co-founder, CEO and product architect of Tesla, which makes electric cars, giant batteries and solar products. He is the co-founder and chairman of OpenAI, a nonprofit research company working to build safe artificial intelligence and ensure that AI’s benefits are as widely and evenly distributed as possible.

Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services, which helped bring major publishers, including the New York Times and Hearst, online.

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Elon Musk | SpaceX

After Elon Musk ‘pedo’ tweet, British rescuer mulls legal …

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“,”duration”:”00:58″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/world/2018/07/18/thai-soccer-team-released-from-hospital-newday-vpx.cnn/index.xml”,”videoId”:”world/2018/07/18/thai-soccer-team-released-from-hospital-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180718180740-thailand-boys-leave-hospital-large-169.jpg”,”videoUrl”:”/videos/world/2018/07/18/thai-soccer-team-released-from-hospital-newday-vpx.cnn/video/playlists/missing-thailand-teens/”,”description”:”The 12 members of a youth soccer team and their coach who spent more than two weeks trapped underground in a flooded cave network in northern Thailand have been discharged from the hospital.”,”descriptionText”:”The 12 members of a youth soccer team and their coach who spent more than two weeks trapped underground in a flooded cave network in northern Thailand have been discharged from the hospital.”},{“title”:”Video shows Thai boys’ rescue from 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CNN’s Polo Sandoval looks back at two weeks of search and rescue drama that have gripped the world.”},{“title”:”A virtual look inside the cave rescue”,”duration”:”01:31″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/tv/2018/07/04/lead-foreman-thai-cave-rescue-challenges-live.cnn/index.xml”,”videoId”:”tv/2018/07/04/lead-foreman-thai-cave-rescue-challenges-live.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180709182855-virtual-cave-foreman-large-169.jpg”,”videoUrl”:”/videos/tv/2018/07/04/lead-foreman-thai-cave-rescue-challenges-live.cnn/video/playlists/missing-thailand-teens/”,”description”:”CNN’s Tom Foreman gives a virtual look at the rescue operations to get the Thai soccer team and coach out of the cave.”,”descriptionText”:”CNN’s Tom Foreman gives a virtual look at the rescue operations to get the Thai soccer team and coach out of the cave.”},{“title”:”Watch: Musk tests small rescue pod”,”duration”:”01:33″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/us/2018/07/09/elon-musk-escape-pod-thailand-lc-orig.cnn/index.xml”,”videoId”:”us/2018/07/09/elon-musk-escape-pod-thailand-lc-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180709024632-elon-musk-escape-pod-thailand-lc-orig-00000000-large-169.jpg”,”videoUrl”:”/videos/us/2018/07/09/elon-musk-escape-pod-thailand-lc-orig.cnn/video/playlists/missing-thailand-teens/”,”description”:”A small escape pod designed by Elon Musk is on its way to Thailand, where it might be used to help rescue the remaining eight boys stuck in a cave.”,”descriptionText”:”A small escape pod designed by Elon Musk is on its way to Thailand, where it might be used to help rescue the remaining eight boys stuck in a cave.”},{“title”:”Official: Need more oxygen to finish rescue”,”duration”:”01:32″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/world/2018/07/08/thai-cave-rescue-update-presser-bts-vpx.cnn/index.xml”,”videoId”:”world/2018/07/08/thai-cave-rescue-update-presser-bts-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/180708083221-ny04-thailand-soccer-team-rescue-0708-ambulance-large-169.jpg”,”videoUrl”:”/videos/world/2018/07/08/thai-cave-rescue-update-presser-bts-vpx.cnn/video/playlists/missing-thailand-teens/”,”description”:”Chiang Rai’s governor, Narongsak Osottanakorn, gives details on the rescue mission after four of 12 young boys have been successfully freed from a cave in Thailand. “,”descriptionText”:”Chiang Rai’s governor, Narongsak Osottanakorn, gives details on the rescue mission after four of 12 young boys have been successfully freed from a cave in Thailand. “}],’js-video_headline-featured-1p6ik7y’,”,”js-video_source-featured-1p6ik7y”,true,true,’missing-thailand-teens’);if (typeof configObj.context !== ‘string’ || configObj.context.length

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After Elon Musk ‘pedo’ tweet, British rescuer mulls legal …

Elon Musk headbutted a car at a Tesla factory: report …

Elon Musk. Joe Skipper / Reuters

A new profile of Tesla CEO Elon Musk gives an unusual example of how the stress of ramping up Model 3 production may have affected him. According to The Wall Street Journal, Musk started headbutting a car at Tesla’s Fremont, California, factory this spring after he learned the assembly line would stop when people got too close to it.

The Journal reported that Musk was touring the factory and noticed that the assembly line had stopped. When he asked why, managers reportedly told him it was because of sensors triggered as a safety precaution when people interfered with the line. Their answer made Musk angry and he started to headbutt the front end of a car, according to The Journal.

“I don’t see how this could hurt me,” he reportedly said. “I want the cars to just keep moving.”

A Tesla representative told Business Insider that Musk tapped the car with his head while wearing a safety hat to demonstrate that it didn’t pose a safety risk. The spokesperson said that the equipment Musk asked about was redundant and modified after being tested by safety-equipment specialists.

For much of the year after the Model 3 was launched in July 2017, Tesla struggled to ramp up production. The Model 3 is the company’s first mass-market car and one that Musk said the company was betting its existence on. At the end of June, Tesla achieved its goal of making 5,000 Model 3s in one week. Musk previously said the company would hit that number by the end of 2017 and that sustaining such a production rate was critical for Tesla to become profitable.

The Wall Street Journal’s story is not the first to describe Musk’s alleged displeasure with some safety measures at the Fremont factory. Reveal reported in April that Tesla didn’t mark some hazard areas in yellow because Musk reportedly doesn’t like the color and avoided other safety signs and markings for aesthetic reasons.

Tesla called Reveal’s report “a completely false picture of Tesla and what it is actually like to work here” and claimed it was “an ideologically motivated attack by an extremist organization working directly with union supporters to create a calculated disinformation campaign against Tesla.”

Have a Tesla news tip? Contact this reporter at mmatousek@businessinsider.com.

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Elon Musk headbutted a car at a Tesla factory: report …

Elon Musk – CNBC

3:14 PM ET Wed, 29 Aug 2018

Vernon Unsworth, a British cave explorer who was assisting in the rescue of a Thai youth soccer team, criticized Elon Musk’s mini submarine plan. Musk went on a Twitter tirade against Unsworth. Now Unsworth is preparing a lawsuit.

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Elon Musk – CNBC

Elon Musk – CNBC

3:14 PM ET Wed, 29 Aug 2018

Vernon Unsworth, a British cave explorer who was assisting in the rescue of a Thai youth soccer team, criticized Elon Musk’s mini submarine plan. Musk went on a Twitter tirade against Unsworth. Now Unsworth is preparing a lawsuit.

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Elon Musk – CNBC

Elon Musk Details Excruciating Personal Toll of Tesla …

Elon Musk was at home in Los Angeles, struggling to maintain his composure. This past year has been the most difficult and painful year of my career, he said. It was excruciating.

The year has only gotten more intense for Mr. Musk, the chairman and chief executive of the electric-car maker Tesla, since he abruptly declared on Twitter last week that he hoped to convert the publicly traded company into a private one. The episode kicked off a furor in the markets and within Tesla itself, and he acknowledged on Thursday that he was fraying.

In an hourlong interview with The New York Times, he choked up multiple times, noting that he nearly missed his brothers wedding this summer and spent his birthday holed up in Teslas offices as the company raced to meet elusive production targets on a crucial new model.

Asked if the exhaustion was taking a toll on his physical health, Mr. Musk answered: Its not been great, actually. Ive had friends come by who are really concerned.

[Read about the bizarre subplot involving Mr. Musk and the rapper Azealia Banks.]

The events set in motion by Mr. Musks tweet have ignited a federal investigation and have angered some board members, according to people familiar with the matter. Efforts are underway to find a No. 2 executive to help take some of the pressure off Mr. Musk, people briefed on the search said. And some board members have expressed concern not only about Mr. Musks workload but also about his use of Ambien, two people familiar with the board said.

For two decades, Mr. Musk has been one of Silicon Valleys most brash and ambitious entrepreneurs, helping to found several influential technology companies. He has often carried himself with bravado, dismissing critics and relishing the spotlight that has come with his success and fortune. But in the interview, he demonstrated an extraordinary level of self-reflection and vulnerability, acknowledging that his myriad executive responsibilities are taking a steep personal toll.

In the interview, Mr. Musk provided a detailed timeline of the events leading up to the Twitter postings on Aug. 7 in which he said he was considering taking the company private at $420 a share. He asserted that he had funding secured for such a deal a transaction likely to be worth well over $10 billion.

[Read the five key takeaways from our interview with Elon Musk.]

That morning, Mr. Musk woke up at home with his girlfriend, the musician known as Grimes, and had an early workout. Then he got in a Tesla Model S and drove himself to the airport. En route, Mr. Musk typed his fateful message.

Mr. Musk has said he saw the tweet as an attempt at transparency. He acknowledged Thursday that no one had seen or reviewed it before he posted it.

Teslas shares soared. Investors, analysts and journalists puzzled over the tweet published in the middle of the days official market trading, an unusual time to release major news including the price Mr. Musk cited. He said in the interview that he wanted to offer a roughly 20 percent premium over where the stock had been recently trading, which would have been about $419. He decided to round up to $420 a number that has become code for marijuana in counterculture lore.

It seemed like better karma at $420 than at $419, he said in the interview. But I was not on weed, to be clear. Weed is not helpful for productivity. Theres a reason for the word stoned. You just sit there like a stone on weed.

Mr. Musk reached the airport and flew on a private plane to Nevada, where he spent the day visiting a Tesla battery plant known as the Gigafactory, including time meeting with managers and working on an assembly line. That evening, he flew to the San Francisco Bay Area, where he held Tesla meetings late into the night.

What Mr. Musk meant by funding secured has become an important question. Those two words helped propel Teslas shares higher.

But that funding, it turned out, was far from secure.

Mr. Musk has said he was referring to a potential investment by Saudi Arabias government investment fund. Mr. Musk had extensive talks with representatives of the $250 billion fund about possibly financing a transaction to take Tesla private maybe even in a manner that would have resulted in the Saudis owning most of the company. One of those sessions took place on July 31 at the Tesla factory in the Bay Area, according to a person familiar with the meeting. But the Saudi fund had not committed to provide any cash, two people briefed on the discussions said.

Another possibility under consideration is that SpaceX, Mr. Musks rocket company, would help bankroll the Tesla privatization and would take an ownership stake in the carmaker, according to people familiar with the matter.

Mr. Musks tweet kicked off a chain reaction.

An hour and 20 minutes after the tweet, with Teslas shares up 7 percent, the Nasdaq stock exchange halted trading, and Tesla published a letter to employees from Mr. Musk explaining the rationale for possibly taking the company private. When the shares resumed trading, they continued their climb, ending the day with an 11 percent gain.

The next day, investigators in the San Francisco office of the Securities and Exchange Commission asked Tesla for explanations. Ordinarily, such material information about a public companys plans is laid out in detail after extensive internal preparation and issued through official channels. Board members, blindsided by the chief executives market-moving statement, were angry that they had not been briefed, two people familiar with the matter said. They scrambled to cobble together a public statement trying to defuse a mounting uproar over the seemingly haphazard communication.

Mr. Musk said in the interview that board members had not complained to him about his tweet. I dont recall getting any communications from the board at all, he said. I definitely did not get calls from irate directors.

But shortly after the Times published its interview with Mr. Musk, he added through a Tesla spokeswoman that Antonio Gracias, Teslas lead independent director, had indeed contacted him to discuss the Aug. 7 Twitter post, and that he had agreed not to tweet again about the possible privatization deal unless he had discussed it with the board.

In the interview, Mr. Musk added that he did not regret his Twitter post Why would I? and said he had no plans to stop using the social media platform. Some board members, however, have recently told Mr. Musk that he should lay off Twitter and focus on making cars and launching rockets, according to people familiar with the matter.

[Kara Swisher, a Times opinion columnist, writes that Mr. Musk is deeply human, with all the positive and negative characteristics that suggests.]

The S.E.C. investigation appears to be intensifying rapidly. Just days after the agencys request for information, Teslas board and Mr. Musk received S.E.C. subpoenas, according to a person familiar with the matter. Board members and Mr. Musk are preparing to meet with S.E.C. officials as soon as next week, the person said.

In the interview on Thursday, Mr. Musk alternated between laughter and tears.

He said he had been working up to 120 hours a week recently echoing the reason he cited in a recent public apology to an analyst whom he had berated. In the interview, Mr. Musk said he had not taken more than a week off since 2001, when he was bedridden with malaria.

There were times when I didnt leave the factory for three or four days days when I didnt go outside, he said. This has really come at the expense of seeing my kids. And seeing friends.

Mr. Musk stopped talking, seemingly overcome by emotion.

He turned 47 on June 28, and he said he spent the full 24 hours of his birthday at work. All night no friends, nothing, he said, struggling to get the words out.

Two days later, he was scheduled to be the best man at the wedding of his brother, Kimbal, in Catalonia. Mr. Musk said he flew directly there from the factory, arriving just two hours before the ceremony. Immediately afterward, he got back on the plane and returned straight to Tesla headquarters, where work on the mass-market Model 3 has been all consuming.

Mr. Musk paused again.

I thought the worst of it was over I thought it was, he said. The worst is over from a Tesla operational standpoint. He continued: But from a personal pain standpoint, the worst is yet to come.

He blamed short-sellers investors who bet that Teslas shares will lose value for much of his stress. He said he was bracing for at least a few months of extreme torture from the short-sellers, who are desperately pushing a narrative that will possibly result in Teslas destruction.

Referring to the short-sellers, he added: Theyre not dumb guys, but theyre not supersmart. Theyre O.K. Theyre smartish.

[Short-sellers made $1 billion as Tesla stock dropped 9 percent on Friday.]

Mr. Musks tweets on Aug. 7 were the most recent of several flare-ups that had drawn scrutiny. He wrangled with short-sellers and belittled analysts for asking boring, bonehead questions. And after sending a team of engineers from one of his companies to help rescue members of a stranded soccer team, he lashed out at a cave diver who was dismissive of the gesture, deriding him on Twitter as a pedo guy, or pedophile.

To help sleep when he is not working, Mr. Musk said he sometimes takes Ambien. It is often a choice of no sleep or Ambien, he said.

But this has worried some board members, who have noted that sometimes the drug does not put Mr. Musk to sleep but instead contributes to late-night Twitter sessions, according to a person familiar with the boards thinking. Some board members are also aware that Mr. Musk has on occasion used recreational drugs, according to people familiar with the matter.

Tesla executives have been trying for years to recruit a chief operating officer or other No. 2 executive to assume some of Mr. Musks day-to-day responsibilities, according to people familiar with the matter. A couple of years ago, Mr. Musk said, the company approached Sheryl Sandberg, who is Facebooks second-highest executive, about the job.

Mr. Musk said that to the best of my knowledge, there is no active search right now. But people familiar with the matter said a search is underway, and one person said it had intensified in the wake of Mr. Musks tweets.

[The Tesla board now must ask a sensitive but vital question, our columnist writes. What was Mr. Musks state of mind when he tweeted?]

In response to questions for this article, Tesla provided a statement that it attributed to its board, excluding Elon Musk. There have been many false and irresponsible rumors in the press about the discussions of the Tesla board, the statement said. We would like to make clear that Elons commitment and dedication to Tesla is obvious. Over the past 15 years, Elons leadership of the Tesla team has caused Tesla to grow from a small start-up to having hundreds of thousands of cars on the road that customers love, employing tens of thousands of people around the world, and creating significant shareholder value in the process.

Mr. Musk said he had no plans to relinquish his dual roles as chairman and chief executive.

But, he added, if you have anyone who can do a better job, please let me know. They can have the job. Is there someone who can do the job better? They can have the reins right now.

Andrew Ross Sorkin contributed reporting.

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Elon Musk Details Excruciating Personal Toll of Tesla …

Elon Musk | Biography & Facts | Britannica.com

Elon Musk, (born June 28, 1971, Pretoria, South Africa), South African-born American entrepreneur who cofounded the electronic-payment firm PayPal and formed SpaceX, maker of launch vehicles and spacecraft. He was also one of the first significant investors in, as well as chairman and chief executive officer of, the electric car manufacturer Tesla.

Musk was born to a South African father and a Canadian mother. He displayed an early talent for computers and entrepreneurship. At age 12 he created a video game and sold it to a computer magazine. In 1988, after obtaining a Canadian passport, Musk left South Africa because he was unwilling to support apartheid through compulsory military service and because he sought the greater economic opportunities available in the United States.

Musk attended Queens University in Kingston, Ontario, and in 1992 he transferred to the University of Pennsylvania, Philadelphia, where he received bachelors degrees in physics and economics in 1995. He enrolled in graduate school in physics at Stanford University in California, but he left after only two days because he felt that the Internet had much more potential to change society than work in physics. That year he founded Zip2, a company that provided maps and business directories to online newspapers. In 1999 Zip2 was bought by the computer manufacturer Compaq for $307 million, and Musk then founded an online financial services company, X.com, which later became PayPal, which specialized in transferring money online. The online auction eBay bought PayPal in 2002 for $1.5 billion.

Musk was long convinced that for life to survive, humanity has to become a multiplanet species. However, he was dissatisfied with the great expense of rocket launchers. In 2002 he founded Space Exploration Technologies (SpaceX) to make more affordable rockets. Its first two rockets were the Falcon 1 (first launched in 2006) and the larger Falcon 9 (first launched in 2010), which were designed to cost much less than competing rockets. A third rocket, the Falcon Heavy (first launched in 2018), was designed to carry 117,000 pounds (53,000 kg) to orbit, nearly twice as much as its largest competitor, the Boeing Companys Delta IV Heavy, for one-third the cost. SpaceX also developed the Dragon spacecraft, which carries supplies to the International Space Station and is designed to carry as many as seven astronauts. Musk sought to reduce the expense of spaceflight by developing a fully reusable rocket that could lift off and return to the pad it launched from. Beginning in 2012, SpaceXs Grasshopper rocket made several short flights to test such technology. In addition to being CEO of SpaceX, Musk was also chief designer in building the Falcon rockets, Dragon, and Grasshopper.

Musk had long been interested in the possibilities of electric cars, and in 2004 he became one of the major funders of Tesla Motors (later renamed Tesla), an electric car company founded by entrepreneurs Martin Eberhard and Marc Tarpenning. In 2006 Tesla introduced its first car, the Roadster, which could travel 245 miles (394 km) on a single charge. Unlike most previous electric vehicles, which Musk thought were stodgy and uninteresting, it was a sports car that could go from 0 to 60 miles (97 km) per hour in less than four seconds. In 2012 Tesla introduced the Model S sedan, which was acclaimed by automotive critics for its performance and design. The company won further praise for its Model X luxury SUV, which went on the market in 2015.

Dissatisfied with the projected cost ($68 billion) of a high-speed rail system in California, Musk in 2013 proposed an alternate faster system, the Hyperloop, a pneumatic tube in which a pod carrying 28 passengers would travel the 350 miles (560 km) between Los Angeles and San Francisco in 35 minutes at a top speed of 760 miles (1,220 km) per hour, nearly the speed of sound. Musk claimed that the Hyperloop would cost only $6 billion and that, with the pods departing every two minutes on average, the system could accommodate the six million people who travel that route every year. However, he stated that, between running SpaceX and Tesla, he could not devote time to the Hyperloops development.

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Elon Musk | Biography & Facts | Britannica.com

The future we’re building — and boring | Elon Musk – YouTube

Elon Musk discusses his new project digging tunnels under LA, the latest from Tesla and SpaceX and his motivation for building a future on Mars in conversation with TED’s Head Curator, Chris Anderson.

The TED Talks channel features the best talks and performances from the TED Conference, where the world’s leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design — plus science, business, global issues, the arts and more.

Follow TED on Twitter: http://www.twitter.com/TEDTalksLike TED on Facebook: https://www.facebook.com/TED

Subscribe to our channel: https://www.youtube.com/TED

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The future we’re building — and boring | Elon Musk – YouTube

Elon Musk | SpaceX

CEO AND LEAD DESIGNER

Elon Musk is the founder, CEO and lead designer at Space Exploration Technologies (SpaceX), where he oversees the development and manufacturing of advanced rockets and spacecraft for missions to and beyond Earth orbit.

Founded in 2002, SpaceXs mission is to enable humans to become a spacefaring civilization and a multi-planet species by building a self-sustaining city on Mars. In 2008, SpaceXs Falcon 1 became the first privately developed liquid-fuel launch vehicle to orbit the Earth. Following that milestone, NASA awarded SpaceX with contracts to carry cargo and crew to the International Space Station (ISS). A global leader in commercial launch services, SpaceX is the first commercial provider to launch and recover a spacecraft from orbit, attach a commercial spacecraft to the ISS and successfully land an orbital-class rocket booster. By pioneering the development of fully and rapidly reusable rockets and spacecraft, SpaceX is dramatically reducing the cost of access to space, the first step in making life on Mars a reality in our lifetime.

Elon is also the co-founder, CEO and product architect of Tesla, which makes electric cars, giant batteries and solar products. He is the co-founder and chairman of OpenAI, a nonprofit research company working to build safe artificial intelligence and ensure that AI’s benefits are as widely and evenly distributed as possible.

Previously, Elon co-founded and sold PayPal, the world’s leading Internet payment system, and Zip2, one of the first internet maps and directions services, which helped bring major publishers, including the New York Times and Hearst, online.

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Elon Musk | SpaceX

Elon Musk – CNBC

5:41 PM ET Mon, 13 Aug 2018

Funding to take Tesla private may not be critical to the automaker’s performance, but it could be critical to Musk’s tenure there. Whether Musk is critical to Tesla’s success, however, is no longer clear, analyst James Albertine said.

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Elon Musk – CNBC