Elon Musk showed everyone that he can really achieve his goals in SpaceX and Tesla. This is obvious since he made Tesla the most valuable car manufacturer this 2020.

The CEO also launched SpaceX's first commercial vehicle. Right now, he is worth $145 billion, making him the second richest man on Earth. He is now richer than Bill Gates but Jeff Bezos is still on the top list. How did he achieve all these during a worldwide pandemic?

The Wall Street Journal stated that the pandemic has no material effect on Tesla and its goals this year of 2020. Whyy are all these achievements possible?

The interview explained that Elon Musk's decision of reopening its Fremont, California-based Tesla plant has a large impact on his company's growth.

Important factors that affected Musk's success

Elon Musk was able to open his California-based Tesla after he threatened to move out of California because of the restrictions. Tesla's success was also made possible by Musk's employees. The CEO needs 50,000 employees to meet the company's goals.

Those who stayed to work may have face risks during the ongoing pandemic. Some of them previously got the COVID-19 virus. Elon Musk also suffered from the deadly disease as he tweeted on Nov 14, 2020, that he has a moderate case of the novel coronavirus.

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Despite what happened, Elon Musk and his employees stayed dedicated to achieving their goals this year. Another factor of the company's success is the first Tesla Shanghai factory's first production.

The Chinese government also helped Tesla by giving the employees PPEs, allowing them to continue EV production. Tesla's advancements in its own battery also helped Elon Musk increase the company's stock revenue. The enhancements incentivize Tesla's ownership and electric vehicle production.

Because of Elon Musk's efforts, the company's batteries became cheaper and made Tesla EVs go longer, compared to the previous models. There's no telling what Elon Musk can do to further improve its own space and car company.

Fun facts about Musk

If you want to know more about the second richest man on Earth, here are some fun facts about the giant CEO.

According to The Ladders' previous report, Musk's mother, Maye Musk, was a model. Although she returned to modeling, she is also a registered dietician right now. On the other hand, when Elon Musk was a kid, he was bullied. Why? Because he was the smallest and youngest kid in his school. He was even sent to a hospital after being pushed down flight stairs by a group of boys. When it comes to his knowledge, he is really an intelligent person since his IQ is estimated to be 155.

For more news updates about Elon Musk and other big tech CEOs, always keep your tabs open here at TechTimes.

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Written by Giuliano J. de Leon

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