I think the high-tech industry is used to developing new things very quickly. It’s the Silicon Valley way of doing business: You either move very quickly and you work hard to improve your product technology, or you get destroyed by some other company.
I always invest my own money in the companies that I create. I don’t believe in the whole thing of just using other people’s money. I don’t think that’s right. I’m not going to ask other people to invest in something if I’m not prepared to do so myself.
Government isn’t that good at rapid advancement of technology. It tends to be better at funding basic research. To have things take off, you’ve got to have commercial companies do it.
In the case of Apple, they did originally do production internally, but then along came unbelievably good outsourced manufacturing from companies like Foxconn. We don’t have that in the rocket business. There’s no Foxconn in the rocket business.
It is definitely true that the fundamental enabling technology for electric cars is lithium-ion as a cell chemistry technology. In the absence of that, I don’t think it’s possible to make an electric car that is competitive with a gasoline car.
The lessons of history would suggest that civilisations move in cycles. You can track that back quite far – the Babylonians, the Sumerians, followed by the Egyptians, the Romans, China. We’re obviously in a very upward cycle right now, and hopefully that remains the case. But it may not.
The future of humanity is going to bifurcate in two directions: Either it’s going to become multiplanetary, or it’s going to remain confined to one planet and eventually there’s going to be an extinction event.
Obviously Tesla is about helping solve the consumption of energy in a sustainable manner, but you need the production of energy in a sustainable manner.
It’s obviously tricky to convert cellulose to a useful biofuel. I think actually the most efficient way to use cellulose is to burn it in a co-generation power plant. That will yield the most energy and that is something you can do today.
It would take six months to get to Mars if you go there slowly, with optimal energy cost. Then it would take eighteen months for the planets to realign. Then it would take six months to get back, though I can see getting the travel time down to three months pretty quickly if America has the will.
I don’t spend my time pontificating about high-concept things; I spend my time solving engineering and manufacturing problems.
If you think back to the beginning of cell phones, laptops or really any new technology, it’s always expensive.
My opinion is it’s a bridge too far to go to fully autonomous cars.
Silicon Valley has some of the smartest engineers and technology business people in the world.
A Prius is not a true hybrid, really. The current Prius is, like, 2 percent electric. It’s a gasoline car with slightly better mileage.
America is the spirit of human exploration distilled.
Facebook is quite entrenched and has a network effect. It’s hard to break into a network once it’s formed.
I do love email. Wherever possible I try to communicate asynchronously. I’m really good at email.
For me it was never about money, but solving problems for the future of humanity.
Silicon Valley has evolved a critical mass of engineers and venture capitalists and all the support structure – the law firms, the real estate, all that – that are all actually geared toward being accepting of startups.