The Power of Synergy: How Elon Musk’s Companies Collaborate to Achieve Common Goals
I have analyzed Elon Musk’s business ecosystems to see how his goals can be realized through the companies
Elon Musk’s two primary strategic goals
To make humanity an interplanetary civilization by building a base on Mars 🚀
&
To accelerate the development of sustainable energy to combat global warming ♨️️
If we don’t become interplanetary, the possibility of human extinction becomes increasingly likely.
Global warming exacerbates this risk and acts as a timer. The slower global warming progresses, the more time we have to work towards becoming interplanetary before it’s too late ⏳
You can enjoy your time reading all the connections before we go further 🤗
Let’s deep dive into a more detailed breakdown of the strategies of Tesla and SpaceX as the main executors of the goals
1️⃣ Space X Strategy
SpaceX’s strategy is focused on reducing the cost of space travel and making it more accessible. They have achieved this through the development of reusable rockets and spacecraft, which allows for the reuse of expensive components and reduces the overall cost of spaceflight 🚀
Space X is focused on 2 big aerospace problems that lead to a very high cost per KG
➡️ a rocket is a single use
➡️ it should lift up a lot of fuel
2️⃣Tesla Strategy
Tesla is leading the electric vehicle production and development, while also developing energy storage solutions that can store energy from renewable sources.
Tesla is using OpenAI’s technology to improve its electric vehicle functionality and safety features. OpenAI’s machine learning algorithms are being used to develop advanced autopilot features that can analyze vast amounts of data in real time and make intelligent decisions based on that data.
And SolarCity has allowed the company to expand its offerings beyond electric vehicles and energy storage solutions into the solar energy market. By leveraging SolarCity’s expertise in the design, installation, and maintenance of solar panel systems, Tesla has been able to offer customers a complete sustainable energy solution that includes both solar energy generation and energy storage.
Overall, the power of synergy between Elon Musk’s companies lies in their ability to collaborate, share resources, and leverage each other’s strengths to achieve their goals. This collaborative approach has helped Musk’s businesses achieve remarkable success in their respective fields, and it will likely continue to drive innovation and progress in the years to come 😎
My name is Ilya Pluzhnikov 👋
I’m a product designer who talks about product creation through drawings and JTBD⚡