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Test Your Knowledge of Elon Musk and Tesla!
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Test Your Knowledge of Elon Musk and Tesla!

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Questions and Answers

What year did Elon Musk found SpaceX?

  • 1999
  • 2002 (correct)
  • 2004
  • 2006
  • What company did Musk and his brother Kimbal found?

  • Tesla Motors
  • OpenAI
  • Neuralink
  • Zip2 (correct)
  • What university did Musk attend in 1995?

  • Stanford University (correct)
  • Queen's University
  • University of Pennsylvania
  • University of Pretoria
  • What was the name of the British caver that Musk was sued by?

    <p>Vernon Unsworth</p> Signup and view all the answers

    What was the amount of the fine Musk paid to the SEC?

    <p>$20 million</p> Signup and view all the answers

    Study Notes

    • Elon Reeve Musk was born on June 28, 1971, in Pretoria, South Africa.
    • He attended the University of Pretoria before moving to Canada at age 17, acquiring citizenship through his Canadian-born mother.
    • Two years later, he matriculated at Queen's University and transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics.
    • He moved to California in 1995 to attend Stanford University, but dropped out after two days to pursue a business career.
    • He co-founded the web software company Zip2 with his brother Kimbal; the startup was acquired by Compaq for $307 million in 1999.
    • In 2002, Musk founded SpaceX, an aerospace manufacturer and space transport services company, and is its CEO and chief engineer.
    • In 2004, he was an early investor in the electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.).
    • He became its chairman and product architect, eventually assuming the position of CEO in 2008.
    • In 2006, he helped create SolarCity, a solar energy company that was later acquired by Tesla and became Tesla Energy.
    • In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company.
    • The following year, he co-founded Neuralink—a neurotechnology company developing brain–computer interfaces—and The Boring Company, a tunnel construction company.
    • In 2022, Musk purchased the social media platform Twitter for $44 billion.
    • He has proposed a hyperloop high-speed vactrain transportation system, and is the president of the philanthropic Musk Foundation.

    Musk has made a number of controversial statements on politics and technology, particularly on Twitter. He has also been criticized for making unscientific and misleading statements, such as spreading COVID-19 misinformation.

    In 2018, the U.S. Securities and Exchange Commission (SEC) sued Musk for falsely tweeting that he had secured funding for a private takeover of Tesla. Musk stepped down as chairman of Tesla and paid a $20 million fine as part of a settlement agreement with the SEC.

    Following his failed submarine proposal during the Tham Luang cave rescue, Musk won a defamation case brought against him by a British caver involved in the operation.

    • Musk was born on July 28, 1971, in Pretoria, South Africa, to Canadian-born American parents.

    • After his parents divorced, Musk mostly lived with his father.

    • In 1995, Musk co-founded Zip2, an online city guide with maps, directions, and yellow pages.

    • The company obtained contracts with The New York Times and the Chicago Tribune.

    • In 1999, Musk co-founded X.com, an online financial services and e-mail payment company.

    • X.com merged with online bank Confinity to avoid competition.

    • Musk returned as CEO of the merged company.

    • His preference for Microsoft over Unix-based software caused a rift among the company's employees.

    • The company was acquired by Compaq for $307 million in cash in February 1999.

    • Later in 1999, Musk co-founded PayPal, an online payment service.

    • PayPal was more popular than X.com's service, and the company was acquired by eBay for $1.5 billion in 2002.

    • In the early 2000s, Musk became involved with the nonprofit Mars Society and discussed funding plans to place a growth-chamber for plants on Mars.

    • In October 2001, he traveled to Moscow with Jim Cantrell and Adeo Ressi to buy refurbished intercontinental ballistic missiles (ICBMs) that could send the greenhouse payloads into space.

    • He met with the companies NPO Lavochkin and Kosmotras; however, Musk was seen as a novice and the group returned to the United States empty-handed.

    • In February 2002, the group returned to Russia with Mike Griffin (president of In-Q-Tel) to look for three ICBMs. They had another meeting with Kosmotras and were offered one rocket for $8 million, which Musk rejected. He instead decided to start a company that could build affordable rockets.

    • With $100 million of his own money, Musk founded SpaceX in May 2002 and became the company's CEO and Chief Engineer.

    • SpaceX attempted its first launch of the Falcon 1 rocket in 2006.

    • Though the rocket failed to reach Earth orbit, it was awarded a Commercial Orbital Transportation Services program contract from NASA Administrator (and former SpaceX consultant) Mike Griffin later that year.

    • After two more failed attempts that nearly caused Musk and his companies to go bankrupt, SpaceX succeeded in launching the Falcon 1 into orbit in 2008.

    • Later that year, SpaceX received a $1.6 billion Commercial Resupply Services contract from NASA for 12 flights of its Falcon 9 rocket and Dragon spacecraft to the International Space Station, replacing the Space Shuttle after its 2011 retirement.

    • In 2012, the Dragon vehicle docked with the ISS, a first for a commercial spacecraft.

    • Musk credited the NASA award, one of the last actions by Mike Griffin as NASA Administrator, for saving the company.

    • Working towards its goal of reusable rockets, in 2015 SpaceX successfully landed the first stage of a Falcon 9 on an inland platform.

    • Later landings were achieved on autonomous spaceport drone ships, an ocean-based recovery platform.

    • In 2018, SpaceX launched the Falcon Heavy; the inaugural mission carried Musk's personal Tesla Roadster as a dummy payload.

    • Since 2019, SpaceX has been developing Starship, a fully-reusable, super-heavy-lift launch vehicle intended to replace the Falcon 9 and the Falcon Heavy.

    • In 2020, SpaceX launched its first crewed flight, the Demo-2, becoming the first private company to place astronauts into orbit and dock a crewed spacecraft with the ISS.

    • Tesla was founded in 2003 by Martin Eberhard and Marc Tarpenning.

    • Musk led the Series A round of investment in February 2004; he invested $6.5 million, became the majority shareholder, and joined Tesla's board of directors as chairman.

    • Following a series of escalating conflicts in 2007, and the 2008 financial crisis, Eberhard was ousted from the firm.

    • Musk assumed leadership of the company as CEO and product architect in 2008.

    • A 2009 lawsuit settlement with Eberhard designated Musk as a Tesla co-founder, along with Tarpenning and two others.

    • As of 2019, Musk was the longest-tenured CEO of any automotive manufacturer globally.

    • In 2021, Musk nominally changed his title to "Technoking" while retaining his position as CEO.

    • Tesla first built an electric sports car, the Roadster, in 2008.

    • Tesla began delivery of its four-door Model S sedan in 2012.

    • A cross-over, the Model X was launched in 2015.

    • A mass-market sedan, the Model 3, was released in 2017.

    • The Model 3 is the all-time bestselling plug-in electric car worldwide.

    • A fifth vehicle, the Model Y crossover, was launched in 2020.

    • The Cybertruck, an all-electric pickup truck, was unveiled in 2019.

    • Since its initial public offering in 2010, Tesla stock has risen significantly.

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