ECONOMICS

Detailed explanation-1: -If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion.

Detailed explanation-2: -1. “If something is important enough, even if the odds are against you, you should still do it.” I was thinking: what if it really is impossible. But Elon Musk then takes it to the next level always: “let’s go to Mars".

Detailed explanation-3: -"You want to have a future where you’re expecting things to be better, not one where you’re expecting things to be worse.” “Great companies are built on great products.” “Good ideas are always crazy until they’re not.” “Constantly think about how you could be doing things better.

Detailed explanation-4: -As God is my bloody witness, I’m hell-bent on making it work.” “The first step is to establish that something is possible; then probability will occur.” “I think it is possible for ordinary people to choose to be extraordinary.” “I could either watch it happen or be a part of it."

Detailed explanation-5: -Elon Musk cofounded the electronic payment firm PayPal, and in 2002 he founded SpaceX, a company that makes rockets and spacecraft. He was a major early funder of Tesla, which makes electric cars and batteries, and became its chief executive officer in 2008. He purchased the social media service Twitter in 2022.