Topic: Could this be Elon's vision? (Read 175 times)

The Tesla car produced alone won't be responsible for Elon Musk's trillionaire mark that was predicted. Most of these billionaires also have some other business or investment that earns them a fortune and this reminds me of the news i read about Elon moving his Starlink internet services to Africa (Nigeria and Zimbabwe) which I believe will make him a fortune since the country Nigeria already had a good rank in terms of cryptocurrency user globally.

Having said that, the year 2024 when Elon was predicted to be a trillionaire is the same year that the next Bitcoin halving will happen automatically he will also make something good out of his Bitcoin investment.

Tesla is a big company that is owned by Elon musk with the initiative of producing electric cars for the world without the need for petrol or diesel. I know with time the company is going to worth more than what it worth now. It is growing with time as more people looks into the electric world. Make rich people are now jumping into electric car while abandoning their gas cars. The. Electric age is surfacing gradually.

never say never.
i am not talking about the 1970's or 2017-2027
by the time we are in the 2035-45. where spacemining will begin and 100tonnes of gold is returning to earth. just watch how things change

there is already signs of an impending hyper inflation
although an average american has 'savings'(money in bank) of $24k each
=$7,920,000,000,000 ($7.9trill)
.. the US has 'hidden' and locked value of over 20trillion.
if these 'derivatives' and offshore locked funds were to open up and try to convert $20trillion into 'cash' or CBDC. the value would 300% inflate. because trying to squeeze $20trill into bank balance 'cash' of only $7.9trill just doesnt convert well.

..
anyway the ontopic point of my post was. if elon was doing R&D into eco-pods/biodomes(space housing) and horticulture. then id see him as wanting to look at 'colonisation' but because he is researching AI, robots, and drilling. he is more interested in space mining(un-maned)

after all. there is not much profit in housing 10 colonists every 10 years, compared to bringing back 100tonnes of gold every 3 months

His vision is to take people to Mars and colonize there and then no more fuel cars when the next decade begins but if he managed to achieve then probably yes he will reach the status of trillionare by that time but wait will the Fiat still be alive?

Elon musk is way ahead of his time, just look at the ways he name his children. He has got a lot of mojo in himself. I see him as a very influential figure in future, He will be one of a kind of tycoon who will be leading in different sectors, be it internet, be it tech, be it crypto or be it automation.
 This will give hime immense power in shaping the new world. I only hope He turns out to a great world leader who do good for humanity.

Tesla is sure to play a major role in helping Elon to archive this but I doubt it would take Tesla alone to hasten the process. He would get there apparently but, he needs other lines or streams to make it sooner.

Tesla is big business and it ain't cheap. Trying to make gasoline go out of business with th aim of promoting only renewable electricity supply system simply means, you e got to ensure your products becomes affordable even below the middle class and that is being unrealistic with the price of a Tesla at the moment.
It's important to know that, those little money do count. Aside from Elons view of free speech, I think this is one of the reason he went to acquire Tweeter and gets those cent or even less than per tweet. Communication is one vital part of our human existence and either we like it or not, humans must communicate but the means is were we've got some variations. That's some good business too and Elon sees this.

Haven't said all that, we ought to realise one thing for sure and that is, Elon is sure getting to the trillionaire spot. It's just going to take some time.

Besides oil, there isn't one single thing that can generate such wealth, so it would have to be multiple avenues. And Musk i definately going in diferent directions with Tesla, SpaceX, The Borring Company, Twitter (if that's still a thing).  I doubt that wealth accumulation is his main goal but more of a necessity so he can keep on doing whatever he wants.

US dollar is not going to hyper inflate in the next 30 years.

The definition of hyper inflation is strict

https://www.quora.com/How-much-inflation-is-hyperinflation


50% a month which is over 1000% a year.

and that is not happening.

I lived in the 70s and we did close to 10% a year for 10 years. maybe a grand total of 110% over a ten year period of time.

but I do say this a repeat of the 70s may happen which is a solid inflationary move

I think it's already likely that Elon Musk will become significantly richer than he is now. And Tesla is a well-known, innovative brand. But even though I believe that electric cars will continue to gain in popularity in the coming years, I don't think that only Tesla will benefit from this. The competition has not been asleep and there are now other car brands that can make good electric cars.

I stand to be corrected if there is a recent development in terms of his net increase.

your getting there but your still only seeing half the picture..

to other readers
elons vision is not to own a car company or a solar power company

think of his ventures as just R&D of a bigger project. and then piece it all together it start to make sense

he didnt start the 'boring' company to make transport tunnels for american cars.
all of this stuff was all R&D spend with ROI to learn how to make tech ready for space mining

think about it .. solar panels(solar city), drilling equipment(boring), moon buggies(tesla)
its all in preparedness of funding asteroid mining for rare minerals.

thats his retirement plan. get rich from space mining, by being the first/main company doing it in space

the end goal is not tesla or solar city. those are just first steps into the R&D required for space mining. where he gets some returns on his investment while doing the research/design


he pretends his 'aspirations' are mars colonisation(as ognasty thinks.. BUT. ),  he is not making 'bio-dome' houses nor venturing into farming(oxygen and food). meaning he is not planning on human colonisation..
by venturing into drilling and robots. his goals are more about mining not colonising.

emphasis
his R&D is more about drilling and transport(large yield transport of 900tonne payloads (rare minerals).. yep its about the mining.. not the colonising

..
when asteroid 'prospectors' want advice, tools, equipment, transport. they will all buy from tesla as the full service business supporting asteroid mining
..
if your thinking 'trillionaire' you are thinking to small.
hyper inflation already made many people trillionaires in many currencies.
US dollar is going to hyper inflate and so trillionaire is the new billionaire.

Remember the unfounded allegation of sexual misconducted against Elon Musk? Following day $TSLA sunk 6%. It only took a single allegation, with no evidence, mind you, and it sent the investors scattering. If he were to amount wealth to surpass a trillion, there'd be relentless attacks on him to make sure he doesn't get to reap any benefits. Tesla would be regulated into the ground before they let Elon hit a trillion.

After all, billionaires are alleged to be inherently evil. If that's the case. What's a trillionaire supposed to be?

Big deal.  There are a lot of trillionaires already.  By 2024 this could (and probably will) be you:

no

The answer to this question is not straightforward. We all know that, no doubt, Elon Musk is a brilliant innovator. One of the best, if not the best in the business. However, being an innovator alone is not enough to generate the amount of wealth necessary to reach the trillion-dollar mark.

Most billionaires, in my opinion, are the product of a multitude of factors. The type of work they do and how they conduct their business. Some like Bill Gates or Warren Buffett were product of the education system they were born into. Others like Elon Musk were products of circumstance.

The rest is really anybody's guess.

He'll likely be a trillionaire, or multi-trillionaire before he's done, so long as he doesn't get suicided.  I doubt it'll be from electric cars though.  His car business is already heavily overvalued.  The thing people don't seem to be realizing is that he's setting up a lot of his investments into colonizing Mars.  He has electric cars, to drive on Mars.  He has battery tech, to store energy on Mars.  He has solar energy tech, to produce energy on Mars.  He has the Boring Company, to build tunnels on Mars to shield from radiation.  He's now building robots to assist with jobs (on Mars) that humans might not be able to do...  Getting the picture yet?  If you think Tesla and Elon's focus is on Earth, you are missing the big picture.  He's basically going to control all usable land and colonization of Mars.  I imagine that will be a profitable venture for him.  Nobody else is even close...

I think the main goal of Elon is to be able to innovate how electric vehicles in the future. Meanwhile, when he becomes a billionaire in the future, it's because of his hard work so far and how he manages Tesla and several of its companies in the future.

Tesla is definately going to take Elon Musk to the trilionaire mark sonner or later.
According to Reuters, LONDON, July 14 - As part of a broader package of measures to address global warming, the European Union suggested an effective ban on the sale of new petrol and diesel cars beginning in 2035, with the goal of hastening the transition to zero-emission electric vehicles (EVs). And i believe that other countries would follow in this step to phase out gasoline cars in the future.

Tesla, an American Automative and clean energy company based in Austin, Texas, designs and manufactures electric vehicles, battery energy storage from home to grid scale, solar panels and more have made yet another brilliant invention which aims at faze out gasoline driven vehicles.
 Elon Musk, CEO of Tesla and Space X, according to https://wap.business-standard.com/topic/billionaires, has a net worth of over $260,000 billion and is still climbing is believed by financial analysts that he will be pushing for the trillion dollar mark by 2024.
 Now my question is, is Tesla the innovation that will be responsible for the trillionaire mark?? https://wap.business-standard.com/article/international/elon-musk-projected-to-become-world-s-first-trillionaire-in-2024-report-122032501041_1.html