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A look at Elon Musk’s various business ventures and investments [Infographic]

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If there’s one entrepreneur today that embodies the future, it’s Elon Musk. The self-made billionaire has launched a number of successful companies, including Tesla, SpaceX, PayPal and the Boring Company and is now worth over an astonishing $20 billion.

Where does Musk invest his own money? The future. After selling PayPal and walking away with hundreds of millions of dollars, Musk took some big chances. Envisioning a future with electric cars, “Musk had invested heavily in Tesla Motors… [and] joined the board in 2004 after leading the company’s series A funding, and [he later] became CEO in 2008. By the age of 32, he had invested $70,000,000 into the company in a bid to develop, manufacture and sell high-performance, fully electric vehicles.” notes the Valuewalk.

https://www.youtube.com/watch?v=Nv9OizLBem4

Above: A look back at Musk’s first companies that inspired his bold investments into the future (Youtube: Futurism); Note: Tesla Model S has gotten even quicker, recently clocking 0-60 MPH at 2.28 seconds

But Musk’s investment in clean energy didn’t end there: “Another notable investment is in SolarCity. Founded in 2006 by Elon’s cousins, SolarCity [became] one of the largest producers of solar panels in the world. While Musk only personally got involved when his company SpaceX bought $90 million worth of stock in the venture, his involvement took the company miles ahead to a point where he decided to acquire it all together, at an estimated $2.5-$3 billion through Tesla.”

The most out-of-this-world investment is SpaceX, “where Elon Musk has invested the most. The California-based rocket and spacecraft manufacturer was founded by Musk himself in 2002. The company, which was started with $100 million from the sale of PayPal, is now worth over $21 billion… The company has been a remarkable success, both financially and technologically, and has made space travel exciting again. At the end of last year, SpaceX had successfully landed 19 rockets and next steps are to take humans to Mars by 2024.”

Between electric cars, space travel, solar energy, and underground tunnels, Musk has accumulated billions with his bold plans to transform the future. Where will he invest next? Check out this infographic from RS Components for more…

Infographic

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Note: Article originally published on evannex.com, by Matt Pressman

*Source: Valuewalk / Infographic: RS Components

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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025

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Photo: Unplugged Performance

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Tesla Megapacks chosen for 548 MWh energy storage project in Japan

Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.

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Credit: Tesla

Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.

As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.

The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.

READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site

Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.

During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.

Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.

Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Tesla highlights the Megapack site replacing Hawaii’s last coal plant

Need accessories for your Tesla? Check out the Teslarati Marketplace:

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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama

Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.

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NORAD and USNORTHCOM Public Affairs, Public domain, via Wikimedia Commons

Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.

Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.

Ford said on X today that Ontario is banning American companies from provincial contracts:

“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”

It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.

Musk responded in simple terms, stating, “Oh well.”

It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.

As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.

It is also expanding to new territories across the globe on an almost daily basis.

With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.

The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.

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