Elon Musk has founded two remarkable companies: $Tesla (TSLA.US)$ and SpaceX. As Tesla's CEO, he has transformed the electric car industry with cutting-edge battery technology and self-driving features, making Tesla a leader in sustainable energy. As the founder and CEO of SpaceX, he has revolutionized space travel by creating reusable rockets, significantly lowering costs, and expanding global internet access through Starlink. These achievements highlight Musk's extraordinary influence on technology and his role in shaping a better future for humanity.

A company often reflects the spirit and vision of its founder. Moomoo has selected five quotes from Elon Musk that reveal the deeper reasons behind Tesla 's greatness.

1. "Great companies are built on great products."

Tesla's success comes from launching great electric vehicles. Starting with the luxury Model S and then the more affordable Model 3, each car stands out for its performance, long range, and innovative technology. These vehicles have made Tesla a leader in the global electric car market and pushed the auto industry toward a greener, more efficient future. By focusing on making excellent products, Tesla has become a famous company and sparked a worldwide movement for eco-friendly transportation.

2. "Failure is an option here. If things are not failing, you are not innovating enough."

Tesla has gone through many iterations and improvements in developing its self-driving technology. Despite facing controversy and criticism along the way, Tesla stayed committed to innovation, gradually refining its Autopilot system into one of the industry's leading driver-assistance technologies. This spirit of embracing challenges and being willing to experiment has allowed Tesla to stand out in the competitive market and continue to lead the direction of the electric vehicle industry.

3. "Persistence is very important. You should not give up unless you are forced to give up."

During the mass production of the Model 3, Tesla faced unprecedented production challenges, leading to delivery delays and testing the confidence of the market and investors. Under immense pressure, Elon Musk personally stayed at the factory to work with the team on finding solutions. By improving the production line and increasing efficiency, they successfully overcame the "production hell" and met their production goals. The persistence and determination shown during this process not only helped Tesla overcome the difficulties but also further solidified the company's leadership in the electric vehicle industry.

4. "The first step is to establish that something is possible; then probability will occur."

From the early high-end sports car Roadster to the luxury sedan Model S, the SUV Model X, and the more affordable Model 3 and Model Y, Tesla has consistently pushed through technological barriers, turning electric cars from a concept into reality. With innovations especially in battery technology and self-driving, Tesla has not only improved the performance and user experience of electric vehicles but also opened up vast market opportunities for the company.

5. "When something is important enough, you do it even if the odds are not in your favor."

Tesla's ongoing innovations in battery technology, the Supercharger network, and self-driving have further solidified its leadership in the electric vehicle industry. Through these efforts, Tesla has not only proven the viability of electric cars but also pushed the entire auto industry towards sustainable development.