What are you think about Why doesn’t Elon Musk making a smartphone business? and why he started other projects. so we discuss this matter.
Elon Musk is an American industrial Engineer as well as an entrepreneur, who co-founded PayPal and discovered the aerospace transportation service company called SpaceX.
He is also one of the renowned investors in Tesla, an electric car company, presently the Chief Executive Officer of the company as well. With a $ 70.5 bn fortune, Musk selected comfortably at the 7th place in the world’s top 10 billionaires list.
Elon Musk is a polarizing figure in the technological and business worlds. But he is not prominent in the smartphone industry. As a revolutionary figure, there are no complex problems in the smartphone world that would make Elon Musk think that he can alter the world by coming in and trying to solve them.
He considers that the conquest of space and Mars are more important goals for humanity than the fancy world of smartphones. Therefore, he is already working in many such companies by putting hundreds of hours into work.
Another reason is that present days only two companies make a profit on smartphones, namely Apple, and Samsung. If Elon Musk gets into the smartphone business, it would just be another Android phone with a Tesla logo as an advantage. Extra expertise and technology must be put forward to create a new batch of mobiles. So why would he bother to cutthroat by smartphones?
What kind of phone does Elon musk use
Musk uses an iPhone, to which he also stated that Apple does not ‘blow people’s minds anymore. “There are not countless things that you can purchase which makes you more pleasure’’. And so, Apple did that for a long time, he still thinks that Apple makes great mobiles. But Apple used to bring out products that would blow people’s minds and still make great products, but there’s less of that.” He intended to investigate products that will be able to revolutionize the ongoing technological pattern.
Also, pointing to Apple’s rumored under-development electric car, Musk states that it is an “open secret” that Apple is developing a rival electric car of its own.
In a brief interview with the BBC, Elon Musk said the Apple had hired more than a thousand automobile engineers including ex-Tesla workers, but he also said he did not view the company as a threat.
Why is Elon Musk afraid of Google?
DeepMind is Artificial intelligence (AI) that is purchase by Google. It is a type of supercomputer that can learn at a rate faster than the speed of an average human being.
Elon Musk expressed that this AI already has administrator’s access to all Google’s servers to optimize the energy usage of the data centers. Although this is a great benefit for Google, on one hand, the CEO expresses how this could be harmful in terms of privacy.
According to his statement, DeepMind could potentially become an unexpected threat like Trojan Horse. It would not be difficult for DeepMind to take control of the data completely with much access to Google’s data systems. Elon Musk stresses out and stated that “this means they can do anything” by access to the systems.
What companies does Elon Musk own?
Here is a quick list of the companies that Musk has founded that are disrupting legacy industries and creating new ones.
The Boring Company
Musk founded The Boring Company in December 2016. At the commencement, the aims of it are to create subterranean tunnels that permit pedestrians, freight, utilities, or autonomous electric vehicles to avoid traffic on surface roads to get from one place to another place more directly.
The company has laid down some projects including a tunnel that would carry passengers between the surrounding cities of Washington DC and Baltimore, Maryland. The company has an initial test tunnel and a project under construction to ferry people around Las Vegas.
Neuralink Corporation was initiated by Musk in July 2016 and is developing an implantable brain-machine interface. The company wants the devices to provide people the ability to communicate through text or speech synthesis, surf the web, or express their creativity through photography, art, or any other writing apps.
OpenAI is a man-made intelligence science laboratory that was co-founded by Musk in December 2015. Musk resigned from the company’s board in February 2018 but remains as one of its top donors.OpenAI is seeking opportunities to build a machine by adding more advanced features like human intelligence while prioritizing transparency and safety.
This project has made popularized for reusable rockets, space tourism, and its network of satellites that can provide internet connectivity on earth. This amazing space company was founded byMusk in 2002. it reduces space transportation expenses and eventually enables the colonization of Mars.
While the company was founded with a lot of ambitions and it has made significant landmarks in the aerospace industry. The company completed its first reusable rocket launch in 2015 and in August 2020 the company celebrated a record as the sixth reuse of a Falcon 9 first stage booster.
Tesla is a kind of game-changing electric vehicle maker that can be in part be credited with marketing the idea of battery-electric cars. Musk started the automaker in July 2003, and by 2005 the company had revealed the prototype of its electric car, the Roadster, which went into production in 2008.
Presently the company offers a wide range of electric vehicles, such as SUVs, sports cars, and sedans – and soon the company will provide an electric semi-truck and pickup truck to the world market.
Honorable mention: X.com (now PayPal)
X.com was an internet bank system based by Elon Musk in Gregorian calendar month 1999. The company quickly merged with software company confinity and renamed to PayPal which was bought by eBay in 2001 for $1.5 billion.
In 2017, Musk certified the rights to X.com from PayPal, citing nostalgia.
Altogether, the article emphasized the background information of Elon Musk and his large network of companies, and the reasons for him, not getting involved in the smartphone business.
I think you were got an idea about Why doesn’t Elon Musk making a smartphone business?. Thank you for reading my article and if you like to know about Facebook selling features click here.