ELON Musk has revealed the purpose of US electric car giant Tesla is to enable humankind to become a multi-planetary species. PUBLISHED: 06:27, Wed, Jul 8, 2020 | UPDATED: 06:37, Wed, Jul 8, 2020 0
Elon Musk, the firm’s billionaire CEO, is known for making ambitious claims that seem to have been picked straight out of science fiction. Trending Elon Musk said the "long term purpose" of his Tesla stock is to help get life off of Earth. (Image: Robyn Beck / AFP / Getty)
But his outlandish visions have a habit of becoming realised.
SpaceX – Mr Musk’s other firm – has grown from a fledgling rocket company to NASA’s chosen partner to send its astronauts into space.
And electric car company Tesla is another success. The company, while criticised by some analysts for never actually making an annual profit, became the world's most valuable carmaker last week in terms of its market capitalisation, according to Yahoo Finance figures.
Way back in 2006, Tesla set out its ‘Master Plan’: a list of what the company aims to achieve in the decades ahead. Tesla last week became the most valuable car company in the world. (Image: Justin Sullivan / Getty)
At that time, the company said its first four steps would be to build an electric sports car, use that money to build an affordable car, and use that money to build an even more affordable car.
The CEO wrote on Twitter: “Long-term purpose of my Tesla stock is to help make life interplanetary to ensure its continuance.
“The massive capital needs are in 10 to 20 years. By then, if we’re fortunate, Tesla’s goal of accelerating sustainable energy and autonomy will be mostly accomplished.”
Mr Musk was replying to a user who had asked him what he would eventually do with his hoard of Tesla shares.
READ: Mars crater key to human colonisation in space captured in never-before-seen video A Falcon Heavy rocket on a SpaceX launch pad. (Image: Joe Raedle / Getty)
The user had suggested that the CEO would eventually cash them in “to buy a six-pack of Mars rockets”.
Mr Musk confirmed this, stating that it was “essentially” what his plan really is.
Indeed, SpaceX is known to be working on its colossal ‘Starship’ rocket which will eventually be used to take humans on a six-month trip to the Red Planet.
Currently, the firm expects it will send its first cargo mission to Mars in 2022, with a human mission following by 2024.
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