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There are really two things that have to occur in order for a new technology to be affordable to the mass market. One is you need economies of scale. The other is you need to iterate on the design. You need to go through a few versions.
Elon Musk
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Elon Musk
Age: 53
Born: 1971
Born: June 28
Actor
Aerospace Engineer
Engineer
Entrepreneur
Inventor
Investor
Programmer
Pretoria
South Africa
Elon Reeve Musk
Elon R. Musk
Elon R Musk
Two
Versions
Need
Scales
Market
Needs
Mass
Iterate
Really
Design
Economies
Things
Technology
Affordable
Economy
Occur
Order
Scale
More quotes by Elon Musk
I think life on Earth must be about more than just solving problems... It's got to be something inspiring, even if it is vicarious.
Elon Musk
I was born in Africa. I came to California because it's really where new technologies can be brought to fruition, and I don't see a viable competitor.
Elon Musk
I think long term you can see Tesla establishing factories in Europe, in other parts of the U.S. and in Asia.
Elon Musk
Silicon Valley has some of the smartest engineers and technology business people in the world.
Elon Musk
My mentality is that of a samurai. I would rather commit seppuku than fail.
Elon Musk
There's a tremendous bias against taking risks. Everyone is trying to optimize their ass-covering.
Elon Musk
You shouldn't do things differently just because they're different. They need to be... better.
Elon Musk
We need to figure out how to have the things we love, and not destroy the world.
Elon Musk
Optimism, pessimism, f**k that we're going to make it happen. As God is my bloody witness, I'm hell-bent on making it work.
Elon Musk
Fear is a hard thing to deal with. I feel it quite strongly. If I think something is important enough, I'll make myself do it in spite of fear. But it can really sap the will. I hate fear, I wish I had it less.
Elon Musk
Mars is the only place in the solar system where it's possible for life to become multi-planetarian.
Elon Musk
Humans need to be a multiplanet species.
Elon Musk
I always invest my own money in the companies that I create. I don't believe in the whole thing of just using other people's money. I don't think that's right. I'm not going to ask other people to invest in something if I'm not prepared to do so myself.
Elon Musk
In almost any industry, if you're passionate about doing a great job and making people that buy your product or service as happy as possible, it's really fulfilling.
Elon Musk
When you struggle with a problem, that's when you understand it.
Elon Musk
Does the logic connect? What are the range of probably outcomes? You want to figure out what those probabilities are and ideally be the House. It's fine to gamble, as long as you're the House. Also, listen to critical feedback, particularly from friends. Generally they will be thinking it but they won't tell you.
Elon Musk
I'm increasingly inclined to think there should be some regulatory oversight, maybe at the national and international level just to make sure that we don't do something very foolish.
Elon Musk
You could power the entire United States with about 150 to 200 square kilometers of solar panels, the entire United States. Take a corner of Utah... there's not much going on there, I've been there. There's not even radio stations.
Elon Musk
I think there are more politicians in favor of electric cars than against. There are still some that are against, and I think the reasoning for that varies depending on the person, but in some cases, they just don't believe in climate change - they think oil will last forever.
Elon Musk
The lessons of history would suggest that civilisations move in cycles. You can track that back quite far - the Babylonians, the Sumerians, followed by the Egyptians, the Romans, China. We're obviously in a very upward cycle right now and hopefully that remains the case. But it may not.
Elon Musk
