Elon Musk's Speech Will Leave You SPEECHLESS | One of the Most Eye Opening Speeches Ever 2022

I think when I was I don't know five or six or something I thought I was insane it was just strange because it was clear that other people did not would their mind wasn't exploding with ideas it was like hm I'm strange I don't think I don't think you'd necessarily want to be me people would like it that much it's very hard to turn it off it's like a NeverEnding explosion all the [Music] time you've said that this has been the toughest year for you the most sort of taxing year for you like why well

I mean Tesla really faced a sever uh thre threat of death uh due to the model 3 production R essentially the company was bleeding money like crazy and and just if if we didn't solve these problems in a very short period of time uh we would die uh and it was extremely difficult to solve them how close to death did you come we within single digit weeks 22 hours a day like what how many hours yeah so 7 days a week sleeping in the factory uh I worked every from the I worked in the worked

in the Paint Shop General Assembly Body Shop you ever worry about yourself imploding like it just too much absolutely no one should put this many hours into work work this is not good and people should not work this hard I'm not they should not do this this is very painful painful in what sense it hurts my hurts my brain and my heart it hurts this is not recommended for anyone I just did it because if I didn't do it then Tesla good chance Tes would die what was your biggest failure and how did it change

you we we almost did die at SpaceX actually so we I budgeted for for three flights um I mean technically I did have a plan where I had a had the money from PayPal I had like about 180 million from PayPal I thought you know I I'll allocate half of that to SpaceX and Tesla and Solar City and um that should be fine I'll have 90 million like that's Lots you know uh but but then what happened is um things cost more and took longer than than I thought so had a choice of either put

the rest of the money in or the companies are going to die um and it's like so put ended up putting all the money in and baring money were rent from friends when we started Tesla I thought maybe our chance of success was 10% that's not a lot considering you invested a lot of money in the in the company uh yeah um well I mean I can tell you my original plan um was was I thought okay I I had like $180 million from my perent my portion of the sale of of uh PayPal and

I thought you know if I invest half of that uh in creating these companies then I still have the other half which will be fine yeah but of course that's not how it worked out we used up all the that you know you invested 100 million then still needed more money uh and then there was the big recession of 2008 and9 and in the end I had to invest everything and um I was borrowing money from FS to pay the rent you were on the edge of actually I I didn't even a house were you

a little naive when you thought I just I can easily build build an electric car and and a rocket I didn't think it would be easy um I like I said I thought they would probably fail um but you know like creating a Company is almost like having a child so it's sort of like how do you say your child should not have food so one once you have the company you have to feed it and nurse it and take care of of it even if it it ruins you yeah but uh supp was there

wasn't tough times in uh 2008 end of 2008 how did you get through that period of Crisis yeah we just break for a second sure you want to wait little while and I sure up it was worth it sure up so me sure up it was worth it if you have an advice to them young people globally who want to be like Elon Musk what's your advice it I think that probably they shouldn't want to be you it it I think it sounds better than it is um yeah it's uh not as much fun being

me as you'd think there's definitely it could be worse for sure but it's um I I'm not sure I would I'm not sure I want to be me depending upon how well you want to do particularly if you're starting a company you need to work super hard so what what does super hard mean um well when my brother and I were starting our first company uh in instead of getting an apartment we just rented a a small office and we slept on the couch um and we we showered at the the YMCA and uh we're

we're so hot up we had just one computer so the this the the website was up during the day uh and I was coding at night 7 days a week all the time um and I I uh so briefly had a gfriend in that period and in order to be with me she have to sleep in the office so I work hard like it I mean every waking hour that's that's the the thing I would I would say if if you particularly if you're starting a company just work like hell I mean you just have

to put in you know 80 hour 80 to 100 hour weeks every week and then work that all those things improve the odds of success um I mean if if if other people are putting in 40-hour work weeks and you're putting in 100h hour work weeks then even if uh you're doing the same thing you know that in in one year you will achieve what they achieve you will achieve in four months what it takes them a year to achieve trying to build a company and have it succeed is like eating glass and staring into

the abyss I mean what tends to happen is it's sort of quite exciting for the first several months of starting a company and then then reality sets in things don't go as well as planned customers aren't signing up the technology of the product isn't working as well as you thought um and um and then can that can sometimes be compounded by a recession um and uh it can be very very painful for several years um so I think um frankly starting a company I would advise people to have a high pain tolerance when you had

that third failure in a row did you think I need to pack this in never why not I don't ever give up I mean I'd have to be dead or completely incapacitated so many people try to talk me out of starting a r company it was it was crazy what did they tell you one good friend of mine collected a whole series of of uh videos of rockets blowing up and made me watch those you just didn't want me to lose all my money how did you figure you were going to start a car company

and be successful at it well I didn't really think Tesla would be successful I thought we would most likely fail but I thought that we at least could address the false perception that people had that an electric car had to be ugly and slow and and boring like a golf cart but you say you didn't expect the company to be successful then why try if something's important enough you should try even if the probably outcome is failure and it's actually been a very difficult journey I have to say um my priority right now is to

try to add some more uh management uh bench strength to Tesla in particular so that um I can take a vacation in the last 12 years I've only tried to take a week off twice the first time I took a a week off the orbital science's rocket exploded and Richard Branson's rocket exploded in that same week second time I took a week off my rocket exploded the lesson here is don't take a week off you know there are American Heroes who don't like this idea Neil Armstrong Jean cernon have both testified against commercial space flight

in the way that you're developing it and I wonder what you think of that I was very sad to see that um because those guys are yeah you know those guys are heroes of mine so it's really tough you know I I wish they would come and visit and and see the hardware that we during camp and and I think that would change their mind they inspired you to do this didn't they yes and to see them casting stones in your direction it's difficult did you expect them to cheer you on soly hoping they would

what are you trying to prove to them what I'm trying to do is is to make a significant difference in in space flight and and and help make space flight accessible to to almost anyone where does that come from or how do you think about making a decision when everyone tells you this is a crazy idea or where do you get the internal strength to do that well first of all I'd say I I actually think I I I think I fear feel fear quite strongly um so it's not as though I just have the

absence of fear I feel it quite strongly um but there are just times when something is important enough you've believe in it enough that you you do it in spite of fear people should think well I feel fear about this and therefore I shouldn't do it um it's normal to be to feel fear like you'd have to defin do something mentally wrong if you didn't feel fair so so I think that there's certain things that are necessary to ensure that the future is good um and some of those things are in the long-term having long-term

sustainable transport and sustainable energy generation um and uh to be a space bearing civilization and for Humanity to be out there among the stars and be a multiplanetary uh species um I mean I think being a multiplan species and being out there Among the Stars is important for uh the long-term survival of humanity and uh that's one reason kind of like life insurance for Life collectively Life as we know it um but then the part that I find personally most motivating is that it creates a sense of adventure and it makes people excited about the

future um and if you consider two Futures one where uh we are forever confined to Earth until eventually something terrible happens or another future where we are out there on many planets maybe even going beyond the solar system um I think that second version is incredibly exciting and inspiring and there need to be reasons to get up in the morning there's a lot of terrible things that are happening all over the world all the time uh there are lots of problems that need to get solved there lots of things that are yeah that are miserable

and kind of get you down but that life cannot just be about solving one miserable problem after another can't that can't be the only thing there need to be need to be things that inspire you that make you glad to be to wake up in the morning and be part of humanity that's why we did this