Leadership Accomplishments and Style of Elon Musk

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Elon Musk is one of the biggest successful technology entrepreneurs. He has accomplished many achievements in his life. In 1983, he self-learned computer programming skills at 12; he sold and created a game code called Blastar. In 1994, he graduated with Bachelor of Science in Physics. In 1995, his first organization was Zip2. In 1999, he co-founded with his brother, Kimbal Musk, using the money from their sales of Zip2 to establish X.com where X.com is an online financial services or email payment company. He started an online payment company which was Zip2 but current named as PayPal. In 2002, he earned US$165 million from his organization, PayPal. He constructs his own electric manufacturing company in 2003. He forms gigafactories to encourage the world towards the direction of sustainable energy. 

The purpose of these factories is for mass production of lithium ion batteries needed for the Tesla vehicles. In 2015, he invented a new creation called OpenAI. Also, he introduced Powerwall technology under Tesla for electric cars. He as a chairman invested in SolarCity Corporation that is providing solar power services which are electric cars, powerwall and solar roof. He introduced a new high speed concept for transportation system called Hyperloop which is a pod that travels with reduced air friction at high speed. He is also a founder of SpaceX, Space Exploration Technologies which is functioned to build economical rockets to explore the outer space and reduce space transportation fees. At 39 years old, he is the CEO and designer of Tesla motors company. NASA awarded the cargo handling contract for International Space Station. He got listed on the Forbes list of the World’s Most Powerful People. He was the youngest billionaires on the Forbes400 as he earned $21.3billion.

Elon Musk is working in a transformational leadership style environment. He encourages and motivates workers that helps growth and shapes the future success of the organization. He proposes his own Hyperloop using a dozen engineers from SpaceX and Tesla. He provides a shorter travelling time than even a commercial airplane can currently provide. He always stands strong and believes his own vision. He persists and refuses to accept obstacle in his journey. He cares for the safety of workers. He deals with claims that the facility has lead to high injury rates. He treats failure as a lesson. For example, he trying to land a rocket in outer space and learning from their failures as their mission is to send people to Mars in 2024. Other than that, he was inviting his teams to give feedback to improve their performance. He constantly learning and look the new ways to solve the problems.

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Leadership Accomplishments and Style of Elon Musk. (2021, Dec 29). Retrieved April 23, 2024 , from
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