A thriving city on Mars with everything from "iron foundriesFactories where raw iron is melted and shaped so it can be used. The crust of Mars has about twice as much iron as Earth’s. to pizza joints". An electric pod that catapults you between cities at 600 mph.
Visionary or villain? The enigma of Elon Musk
A thriving city on Mars with everything from "iron foundriesFactories where raw iron is melted and shaped so it can be used. The crust of Mars has about twice as much iron as Earth's. to pizza joints". An electric pod that catapults you between cities at 600 mph.
<h2 class="wp-block-heading eplus-wrapper">Q & A</h2>
Welcome to the future according to Elon Musk, visionary entrepreneur and eccentric billionaire.
But recently, he has been hauled down to Earth with a bump.
In September, the US Securities and Exchange CommissionAn independent US government agency responsible for enforcing laws relating to stock markets and trading. (SEC) fined him $20 million (15.3 million) and forced him to resign as chairman of Tesla, his electric car company, for three years.
He agreed to pay the fine but is still seething about what happened. In an interview yesterday he said he "no respect" for regulators, and that he only paid the fine out of "respect" for the justice system.
The fines relate to a series of tweets he posted, in which he falsely claimed he was planning on taking Tesla private. This broke industry rules by misleading investors.
Musk's emotional state has grown erratic, tearfully admitting that the toll of Tesla's struggle to make a profit has left friends "really concerned" for him.
Most bizarrely, in July he groundlessly called Vernon Unsworth, a British diver who helped rescue 12 Thai boys trapped in a cave, a "paedo".
It is a stark fall from grace for a tech pioneer.
Elon Musk spent his "excruciating" childhood in South Africa, where he was bullied viciously to the point of being hospitalised. Introverted and intelligent, he turned his attention to computers, and by age 10 had taught himself programming. At just 12 years old, he sold a video game for $500.
Musk was an early figure in the internet boom and made his first billion when eBay bought his online payment company Paypal in 2002. He has since launched SpaceX, Tesla and the Boring Company for ventures from rockets to flamethrowers.
His greatest achievement came earlier this year with the launch of then Falcon Heavy rocket, which blasted a Tesla sports car into orbit using reusable launchers.
But as Musk's ingenuity turns into ignominyPublic embarrassment or shame. , is he a role model?
No way, say some. While Musk's ambition can't be faulted, most of his goals are unrealistic and will see huge sums of money wasted. Tesla has lost billions of dollars and will soon be eclipsed as rivals turn their gaze to electric vehicles. Besides, his behaviour shows him as spoilt, arrogant, irresponsible and cruel. What's to admire?
We should all take inspiration from him, argue others. Elon Musk's vision, dedication and boundary-pushing mark him out as a true genius. Yes, his personal conduct has been unbalanced, but that doesn't take away from his revelatory contributions to human progress. We should seek to emulate his open-minded ambition.
What do we know? The Securities and Exchange Commission fined Elon Musk $20 million (15.3 million) and ordered him to resign as chairman of Tesla over "misleading" investors on Twitter. However, has remained CEO and kept a place on the company's board. Musk's unbounded invention and riches are said to have inspired Robert Downey Jr's portrayal of Marvel's Tony Stark in the Iron Man films. In fact, Musk makes a cameo appearance in the franchise's second film.
What do we not know? What the long-term impact of the Tesla tweets scandal will be on Musk. The future of the company is also uncertain as it continues to record losses. The billionaire has proved himself unpredictable, so it is impossible to tell whether his future will bring new glories or further disgrace.
Iron foundries - Factories where raw iron is melted and shaped so it can be used. The crust of Mars has about twice as much iron as Earth's.
Securities and Exchange Commission - An independent US government agency responsible for enforcing laws relating to stock markets and trading.
Ignominy - Public embarrassment or shame.
Visionary or villain? The enigma of Elon Musk
Glossary
Iron foundries - Factories where raw iron is melted and shaped so it can be used. The crust of Mars has about twice as much iron as Earth’s.
Securities and Exchange Commission - An independent US government agency responsible for enforcing laws relating to stock markets and trading.
Ignominy - Public embarrassment or shame.