Elon Musk is a South African-born, Canadian-American business magnate, inventor and investor. He is currently the CEO and CTO of SpaceX and CEO and Chief Product Architect of Tesla Motors. He was an early investor in SpaceX, PayPal, Inc.Tesla Motors, and Zip2, and is widely considered a co-founder of each. He has also envisioned a conceptual high-speed transportation system known as the Hyperloop.
Tesla Motors was co-founded by Martin Eberhard, Marc Tarpenning, JB Straubel, Ian Wright, and Musk, after initial incorporation by Eberhard and Tarpenning. Musk has favored building a sub-$30,000 subcompact and building and selling electric vehicle powertrain components so that other automakers can produce electric vehicles at affordable prices without having to develop the products in house. Several mainstream publications have compared him with Henry Ford for his work on advanced vehicle powertrains. To overcome the range limitations of electric cars, Musk said in an interview with All Things D in May 2013 that Tesla is "dramatically accelerating" their network of supercharger stations, tripling the number on the East and West Coasts that June, with plans for more expansion across North America, including Canada, throughout the year.
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