8.He takes huge risks and makes unlimited financial bets
To convince yourself of this, it is enough to know how the Tesla brand was born.
Elon Musk rode the wave of protests from electric car owners to start his own company, as most industry players turned their backs on this technology after the recall of General Motors. After years of losses, Tesla is today the undisputed leader in the electric car market,an ultra-risky bet a few years ago, but which ultimately turns out to pay off.
Also, after reselling Paypal, he refused to stay doing nothing and enjoy his money. Instead, he decided to invest all his money in 3 of his new ventures. He had exactly $ 180 million and that’s what he invested them in :
- So he invested $ 100 million in Space X.
- Then, 70 million in Tesla.
- Then 10 million in Solar City.
In fact, these three companies are part of a large whole in which he would like to limit carbon emissions from Man.