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Elon Musk: What’s next for the world’s richest man?

Feb 07, 2022

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Elon Musk, the world’s richest man, is considered one of the most influential people globally, but those titles do not come without criticism. At age 50, the Tesla and SpaceX CEO continues to shake up the auto industry and expand the possibilities of space travel. 

In 2021, Tesla reported record growth in each quarter as revenue rose to $53.8 billion from $31.5 billion in 2020. Despite its banner year, Musk said Tesla has no plans to produce any new models in 2022 due to the global chip shortage

Meanwhile, Space X is reportedly launching 52 rockets into space. Musk is adamant the company is making progress in his quest to colonize Mars.

Unlike traditional CEOs, Musk candidly expresses himself on Twitter about his business interests and stocks, cryptocurrency, and politics.

For example, when President Joe Biden bragged to Americans about Ford and General Motors’ success building electric vehicles, Musk felt slighted and let the POTUS know.

Musk often takes heat for his billionaire status, as in this exchange with Senator Elizabeth Warren (D-MA).

Sometimes Musk’s tweets get him into trouble with federal regulators. At other times, they can make a stock or crypto tank or soar, as his tweeting did with the popular cryptocurrency Dogecoin (DOGE).

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JIMMIE: IF HE HASN’T ACCOMPLISHED ENOUGH ALREADY, ELON MUSK IS SETTING HIS SIGHTS EVEN HIGHER IN 20-22.

NATS: SpaceX Rocket launch

JIMMIE: MAKING ELON MUSK JUST ONE NAME YOU NEED TO KNOW TODAY.

NATS: Funny clip of Musk dancing. 

JIMMIE: MUSK HAS ALWAYS DANCED TO HIS OWN TUNE.

WE KNOW HIM AS THE FOUNDER OF TESLA AND SPACEX, BUT BEFORE HE AMASSED A NEED FOR SPEED AND SPACE, HE CO-FOUNDED PAYPAL. WHICH HE LATER SOLD AND INVESTED ALL OF HIS COINS TO START UP TESLA. 

ELON MUSK:I don’t want to give the impression that Tesla would be successful from the beginning. I actually thought we would fail.”

JIMMIE: MUSK IS UNDENIABLY A BRILLIANT VISIONARY LEADER BUT JOKINGLY ACKNOWLEDGES HE HASN’T FIGURED OUT SELF-CONTROL JUST YET. 

ELON MUSK: “Look. I know I say and sometimes post strange things, but that’s just how my brain works. To anyone I offended. I just want to say, “I reinvented electric cars, and I’m sending people to mars on a rocketship. Did you think I was also going to be a chill, normal dude?”

JIMMIE: HIS OUT-OF-THE-BOX THINKING AND DORKY PERSONALITY KEEP HIM IN HOT WATER ON SOCIAL AND WITH FEDERAL REGULATORS. 

LIKE THIS 20-18 TWEET WHERE MUSK JOKED ABOUT TAKING TESLA PUBLIC AT 420.

THE SEC DIDN’T FIND THAT FUNNY AND FINED HIM 20-MILLION DOLLARS

AND IT TICKED OFF SOME OF TESLA’S SHAREHOLDERS.  

MUSK LATER SAID THE TWEET WAS ‘WORTH IT.’

FOX BUSINESS CONTRIBUTOR: It’s great that he can make a joke afterwards, but most executives wouldn’t be allowed to make jokes about the SEC coming through their office and paying fines.”

JIMMIE: HIS CRYPTIC TWEETS DON’T JUST IMPACT COMPANIES HE HAS A STAKE IN. THEY CAUSE THE CRYPTO MARKET TO CRASH… AND IN SOME CASES, IT CAN SEND DOGECOIN SOARING “TO THE MOON.” 

CNBC ANCHOR: “Overnight, he’s been tweeting, and it’s been driving up Dogecoin pretty significantly.”

JIMMIE: MUSK’S COMMENTS CAN BE PROBLEMATIC AT TIMES. HOWEVER, IT DOESN’T STOP HIM FROM WEIGHING IN ON POLITICS. 

WHEN PRESIDENT JOE BIDEN TOUTED THE SUCCESS OF FORD AND G-M BUILDING ELECTRIC CARS IN AMERICA, MUSK REPLIEDSTARTS WITH T ENDS WITH A ESL IN THE MIDDLE”

THAT SPELLS TESLA, WHICH RECORDED  EARNINGS IN 2021.

BUT BECAUSE OF THE GLOBAL CHIP SHORTAGE, MUSK SAYS THE COMPANY WON’T ROLL OUT ANY NEW MODELS IN 2022.

THAT’S ONE REASON TESLA STOCK TOOK A  HIT IN JANUARY, PERSONALLY COSTING MUSK 30-BILLION DOLLARS.

DESPITE THAT, MUSK REMAINS THE RICHEST PERSON IN THE WORLD WITH A NET WORTH OF OVER 200 BILLION.

SENATOR ELIZABETH WARREN TWEETED WE SHOULD CHANGE THE TAX CODE SO MUSK “WILL PAY TAXES.”

MUSK FIRED BACK, CALLING WARREN A “KAREN”

OKAY. SO, MUSKS’ TWEETS ARE OUT OF THIS WORLD BUT SO ARE HIS AMBITIONS FOR SPACE EXPLORATION. 

IN 2022, SPACEX IS REPORTEDLY PLANNING TO LAUNCH A RECORD FIFTY-TWO ROCKETS INTO SPACE. \

MUSK ALSO HAS PLANS TO COLONIZE THE PLANET MARS. 

ELON MUSK – THE NEXT-GEN LEADER — JUST ONE NAME YOU NEED TO KNOW TODAY.