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Elon Musk's Basic Economics


Elon Musk's Basic Economics

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The First Principles Method Explained by Elon Musk

Interview by Kevin Rose

The benefit of first principles thinking? It allows you to innovate in clear leaps, rather than building small improvements onto something that already exists. Musk gives an example of the first automobile. While everyone else was trying to improve horse-drawn carriages, someone looked at the fundamentals of transportation and the combustion engine in order to create a car.

Naturally Musk does give one warning about using first principles for innovating however, it takes a lot more mental energy.

Elon Musk's Basic Economics

Elon Musk's Ultimate Advice for Students & College Grads - HOW TO SUCCEED IN LIFE

From 2 University Degrees to 20 Billion Dollars - This is Elon Musk's Ultimate Advice for high school students and college graduates. Can't find a job? Neither could billionaire Elon Musk.

After receiving a Bachelor of Science degree in physics from the University of Pennsylvania and a Bachelor of Science degree in economics from it's Wharton School of business, Elon Musk tried and failed to find a job at an internet company. He and his brother then decided to start a web software company called Zip2, and the rest is history!

Comment below if you are the next Elon Musk!

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15 Books Elon Musk Thinks Everyone Should Read

15 Books Elon Musk Thinks Everyone Should Read
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Elon Musk's Book recommendations:
1: The Hitchhiker's Guide to the Galaxy by Douglas Adams -

2: Structures: Or Why Things Don't Fall Down by J.E. Gordon -

3: Benjamin Franklin: An American Life by Walter Isaacson -

4: Superintelligence: Paths, Dangers, Strategies by Nick Bostrom -

5: Our Final Invention by James Barrat -

6: Ignition: An Informal History of Liquid Rocket Propellants by John D. Clark -

7: The Foundation trilogy by Isaac Asimov -

8: Life 3.0: Being Human in the Age of Artificial Intelligence by Max Tegmark -

9: The Lord of the Rings by J.R.R. Tolkien -

10: 'Zero to One: Notes on Startups, or How to Build the Future' by Peter Thiel -

11: The Moon Is a Harsh Mistress by Robert Heinlein -

12: Merchants of Doubt by Naomi Oreskes and Erik M. Conway -

13: 'Einstein: His Life and Universe' by Walter Isaacson -

14: 'Howard Hughes: His Life and Madness' by Donald L. Barlett and James B. Steele -

15: The 'Culture' series by Iain M. Banks -

Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future by Ashlee Vance

#alux #books #elonmusk

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Elon Musk talks energy with German Minister of Economy & Energy 2015

Elon Musk talks energy with German Minister of Economy & Energy 2015
Elon Musk speaks about sustainable energy at the “Economy for Tomorrow” Conference in Berlin in company of German Minister of Economy & Energy, Sigmar Gabriel.

00:00. Energy and the future
04:50. SpaceX and the future of space
08:40. German EV industry
17:05. First principles applied to democracy
19:32. CO2 tax & EV incentives (VERY INTERESTING)
30:52. Sustainable energy
34:08. Artificial Intelligence and regulations
39:40. Supercharger open to non-Tesla EVs
40:46. Wishes
47:52. Model 3 & gigafactory schedule
49:15. Airbus electric aircraft
50:30. Tesla car-sharing?

Date: September 24, 2015

Timeboxing: Elon Musk's Time Management Method

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Elon Musk's daily schedule is incredibly demanding, but he ensures that everything gets done by scheduling everything in 5-minute time blocks. This technique is called time boxing, and in today's video I'll show you how to make the most of it.

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How to Be as Productive as Elon Musk - 5 Essential Practices:

How Ben Franklin Structured His Day:


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Cal Newport's time blocking post:


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What Would Elon Musk Work On If He Were 22?

Sam Altman asked Elon Musk what he would work in if he were 22 today.

This is a clip from a longer interview, which you can watch here:

First Principles: Elon Musk's Method of Thinking

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It's definitely worth the read and offers insights into how Elon became the way he is.

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This video primarily covers First Principles Reasoning/Thinking.
For a video that talks more about First Principles click the link below:

After graduating College in 2016, I've accumulated a lot of knowledge from 52 books (as of this video), and now I want to give back.

I decided to start with First Principles, because it lays the groundwork for all other concepts that I eventually want to present. As I said in the video, I first discovered this idea while watching Elon Musk in an Interview. After reading about Elon Musk's story in Elon Musk by Ashlee Vance, I found that the concept of First Principles is synonymous with who Elon is and that a video I make about First Principles must include him in it.

Here are the links:

Interview with Elon Musk (start at 22:40):

Neil deGrasse Tyson explains why the sun is not a yellow star.

Pretty much all other information I learned from books. Comment if you want to know from which book I got a specific piece of information from.

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Elon Musk "We Need Universal Basic Income" (UBI)

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This is Elon Musk’s key to Tesla’s future

Elon Musk's Gigafactory is arguably the most important thing that Tesla makes. The 1.9 million-square-foot factory in Sparks, Nevada, is only 30 percent complete, but it’s already on track to make 60 percent of the world’s lithium ion batteries — and Tesla plans to build more Gigafactories around the world. The Verge took a look inside.


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The future we're building -- and boring | Elon Musk

Elon Musk discusses his new project digging tunnels under LA, the latest from Tesla and SpaceX and his motivation for building a future on Mars in conversation with TED's Head Curator, Chris Anderson.

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Elon Musk & Andrew Yang on Universal Basic Income

Elon Musk recently tweeted to Andrew Yang:

Rocket Science Class by Elon Musk

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Is Elon Musk’s management style worth copying? | The New Economy

New York Times bestselling author Ashlee After tells The New Economy that Musk’s previous failures has made him laser focused on key management traits: encouraging people and being more efficient.

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Elon Musk's 5 Success Hacks | Inc.

Whatever else you might say about Elon Musk, the polarizing entrepreneur behind Tesla, PayPal, SpaceX, and The Boring Company is certainly productive. Here are a few things he does each day to get so much done.

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Why did Elon Musk choose Shanghai for Gigafactory?

Why did Elon Musk choose Shanghai and how will Tesla pay for it.
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Elon Musk on Education

Elon Musk describing education in an interview with Sal Khan

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SpaceX Starlink - Elon Musk shows first internet satellites ready for launch

SpaceX Starlink - Elon Musk shows first internet satellites ready for launch
Elon Musk shows SpaceX’s first 60 Starlink internet satellites packed for launch
This week will be massive for SpaceX. The SpaceX CEO Elon Musk just gave us the first look at his rocket company's bold plan to bring ultra-high-speed internet to the entire world. He shows off SpaceX’s 60 internet-beaming satellites packed together for launch. This is Elon Musk’sconfirmation that the company is on target to launch these satellites is just the beginning.
In this video, Engineering Today will discuss SpaceX's first 60 Starlink internet-beaming satellites which will be launching this week. How SPACEX GEARS UP TO LAUNCH these INTERNET SATELLITES and Why SpaceX's Starlink Could Cause Cascades of Space Junk?

#EngineeringToday #SpaceX #SpaceXStarlink

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