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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
Order
Scale
Two
Versions
Need
Scales
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Really
Mass
Iterate
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The rumours of the demise of the U.S. manufacturing industry are greatly exaggerated.
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I think you should always be seeking negative feedback.
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Silicon Valley has some of the smartest engineers and technology business people in the world.
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I'm personally a moderate and a registered independent, so I'm not strongly Democratic or strongly Republican.
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Funded by the government just means funded by the people. Government, by the way, has no money. It only takes money from the people. Sometimes people forget that that's really what occurs.
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When something is important enough, you do it even if the odds are not in your favor.
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There's nothing - I've bought everything I want. I don't like yachts or anything you know, I'm not a yacht person, and I've got pretty much the nicest plane I'd want to have.
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For all the supporters of Tesla over the years, and it's been several years now and there have been some very tough times, I'd just like to say thank you very much. I deeply appreciate the support, particularly through the darkest times.
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Going from PayPal, I thought: 'Well, what are some of the other problems that are likely to most affect the future of humanity?' Not from the perspective, 'What's the best way to make money?'
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When Henry Ford made cheap, reliable cars people said, 'Nah, what's wrong with a horse?' That was a huge bet he made, and it worked.
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Tesla is here to stay and keep fighting for the electric car revolution.
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Don't be afraid of new arenas.
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An asteroid or a supervolcano could certainly destroy us, but we also face risks the dinosaurs never saw: An engineered virus, nuclear war, inadvertent creation of a micro black hole, or some as-yet-unknown technology could spell the end of us.
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If you go back back a few hundred years, what we take for granted today would seem like magic - being able to talk to people over long distances, to transmit images, flying, accessing vast amounts of data like an oracle. These are all things that would have been considered magic a few hundred years ago.
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It would take six months to get to Mars if you go there slowly, with optimal energy cost. Then it would take eighteen months for the planets to realign. Then it would take six months to get back, though I can see getting the travel time down to three months pretty quickly if America has the will.
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I think long term you can see Tesla establishing factories in Europe, in other parts of the U.S. and in Asia.
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I want to make rockets 100 times, if not 1,000 times better. The ultimate objective is to make humanity a multiplanet species. Thirty years from now, there'll be a base on the moon and on Mars, and people will be going back and forth on SpaceX rockets.
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Starting and growing a business is as much about the innovation, drive and determination of the people who do it as it is about the product they sell.
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I would like to die on Mars. Just not on impact.
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America is the spirit of human exploration distilled.
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