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Elon Musk: The King of Job Creation

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Since the launch of Tesla, SpaceX and SolarCity, serial tech entrepreneur Elon Musk’s companies have consistently created thousands of high paying jobs worldwide. SpaceX has grown from a small team of engineers working out of a warehouse to a global team of over 5,000 employees. Similarly, Tesla has gone from a garage operation in Palo Alto to an operation consisting of over 18,000 employees worldwide. SolarCity, backed by Musk and founded by his cousins, was acquired in 2016 by Tesla and employs over 12,000 workers.

Musk’s role in job creation has has had a deep impact on thousands of lives, and on a global scale. Between all of his companies, Musk employs over 35,000 employees globally, of which 30,000+ are in the US.

Advanced Manufacturing: Tesla

Since Tesla began production of the Roadster in 2008, the company has been able to put more than 190,000 electric vehicles on the road and reduce vehicle emissions on a global level. In addition to the environmental contributions, Tesla’s economic activities have spanned far and wide, leading to the coined term, “The Tesla Effect.”

“I define the ‘Tesla effect’ as a positive shift toward changing Reno’s national perception for the better. The New York Times, Wall Street Journal, Bloomberg Business, and many other national publications have written about Reno’s emerging neighborhoods, such as Midtown, downtown, and the Fourth Street corridor. And this is due in large part to our booming technology industry with billions of dollars being invested from some of Fortune’s highest-ranked companies, which includes Tesla, Switch, Amazon, and Microsoft.” said Reno Mayor Hillary Schieve in a comment to Teslarati.

Reno has seen a complete boom in job growth and a resurgence in the housing market near Tesla’s $5 billion Gigafactory facility. Reno expects to gain 80,000 indirect jobs created through recent developments (20-30k indirectly from the Gigafactory) and host to 40,000 homes expected to be constructed by 2020. Tesla’s effects on the market could even create a “housing crisis” as builders struggle to build enough homes to meet demand according to Mike Kazmierski, president of the Economic Development Authority of Western Nevada.

Elon Musk in Tokyo, Japan, Sept. 8, 2014. Photographer: Yuriko Naka for Bloomberg

In Reno alone, Tesla has created 1,000 full-time local jobs at the Gigafactory and over 1,900 construction jobs. A Tesla spokesperson tells us that the company expects to hire another 1,000 employees in the first half of 2017 while strategic partner Panasonic expects to hire 2,000 workers at the factory. Tesla expects to employ 6,500 full-time employees at the facility in 2018 and as many as 10,000 once the Gigafactory hits peak production

Engineering the Future: SpaceX

SpaceX currently employs over 5,000 employees and has operations all across the country. The company has been in hyper-growth mode for over a decade and has launched 29 rockets successfully into space to date. The company currently has over 800 job openings which is expected to increase as the company prepares for a busy year to come.

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Thousands of skilled labor jobs: SolarCity (now part of Tesla Inc.)

SolarCity was founded in 2006 by Musk’s cousins Peter and Lindon Rive and financially backed by an initial $10M investment from Musk. Since then, the company has completed projects in 27 states which includes solar installations for over 300,000 customers, making up over 2.5GW of solar.

Photographer: Sergio Flores/Bloomberg via Getty Images

SolarCity employs over 12,000 workers and has nearly 1,900 job openings posted on their site. The company plans to start producing its own solar cells and solar roof panels in the second half of 2017 from its Buffalo, NY plant. The plant plans to employ more than 1,400 people as they prepare to begin production later this year.

Overall, Musk has played a crucial role in job creation in the 21st century as his companies look to surpass 40,000 jobs created this year. This makes Musk one of the most significant voices on the White House’s Manufacturing Jobs Council as he continues to create thousands of high-paying jobs in the US. Musk’s companies have a combined total of 4,800+ job openings globally.

 

Christian Prenzler is currently the VP of Business Development at Teslarati, leading strategic partnerships, content development, email newsletters, and subscription programs. Additionally, Christian thoroughly enjoys investigating pivotal moments in the emerging mobility sector and sharing these stories with Teslarati's readers. He has been closely following and writing on Tesla and disruptive technology for over seven years. You can contact Christian here: christian@teslarati.com

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Cybertruck

Tesla Cybertruck undergoes interior mod that many owners wanted

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tesla cybertruck diy bench seat
Credit: @blueskykites | X

Tesla Cybertruck is significantly different from traditional pickups on the market in a lot of ways. However, one feature that was recently modified with its interior was a highly requested characteristic that is present in other trucks, but was void from Cybertruck.

Tesla went with a five-seat configuration with Cybertruck: two in the front and three in the back. The spacious interior is matched with plenty of storage, especially up front, as a pass-through, center console, and other storage options, but some Tesla fans wanted something different: bench seating.

Bench seating is popular in many full-size pickups and allows three passengers to sit up front. The middle seat is usually accompanied by a fold-down storage unit with cupholders.

Tesla decided to opt for no bench seating up front, despite the fact that it equipped bench seating in the unveiling in 2019. Interior photos from the unveiling event from nearly six-and-a-half years ago show Tesla had originally planned to have a six-seat configuration.

This was adjusted after the company refined the design:

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tesla cybertruck initial interior

(Tesla Cybertruck interior configuration in 2019)

Despite Tesla abandoning this design, it does not mean owners were willing to accept it. One owner decided to modify their Tesla Cybertruck interior to equip that third seat between the driver’s and passenger’s thrones.

The fit is snug, and while it looks great, it is important to remember that this does not abide byregulations, as it would require an airbag to be technically legal. Please do not do this at home with your own Cybertruck:

The Cybertruck is a popular vehicle in terms of publicity, but its sales have been underwhelming since first delivered to customers back in 2023. It’s hard to believe it’s been out for two-and-a-half years, but despite this, Tesla has not been able to come through on its extensive order sheet.

This is mostly due to price, as Cybertruck was simply not as affordable as Tesla originally planned. Its three configurations were initially priced at $39,990, $49,990, and $69,990. At release, Cybertruck was priced above $100,000.

This priced out many of those who had placed orders, which is the main reason Cybertruck has not lived up to its expectations in terms of sales. The adjustments to the specific features, like the removal of the bench seat, likely did not impact sales as much as pricing did.

This modification shows some creativity by Tesla owners, but also shows that the Cybertruck could always be the subject of a potential refresh to include some of these features. Tesla routinely adjusts its vehicle designs every few years, so maybe the Cybertruck could get something like this if it chooses to refresh its all-electric pickup.

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Elon Musk

Tesla CEO Elon Musk drops massive bomb about Cybercab

“And there is so much to this car that is not obvious on the surface,” Musk said.

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Credit: Tesla

Tesla CEO Elon Musk dropped a massive bomb about the Cybercab, which is the company’s fully autonomous ride-hailing vehicle that will enter production later this year.

The Cybercab was unveiled back in October 2024 at the company’s “We, Robot” event in Los Angeles, and is among the major catalysts for the company’s growth in the coming years. It is expected to push Tesla into a major growth phase, especially as the automaker is transitioning into more of an AI and Robotics company than anything else.

The Cybercab will enable completely autonomous ride-hailing for Tesla, and although its other vehicles will also be capable of this technology, the Cybercab is slightly different. It will have no steering wheel or pedals, and will allow two occupants to travel from Point A to Point B with zero responsibilities within the car.

Tesla shares epic 2025 recap video, confirms start of Cybercab production

Details on the Cybercab are pretty face value at this point: we know Tesla is enabling 1-2 passengers to ride in it at a time, and this strategy was based on statistics that show most ride-hailing trips have no more than two occupants. It will also have in-vehicle entertainment options accessible from the center touchscreen.

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It will also have wireless charging capabilities, which were displayed at “We, Robot,” and there could be more features that will be highly beneficial to riders, offering a full-fledged autonomous experience.

Musk dropped a big hint that there is much more to the Cybercab than what we know, as a post on X said that “there is so much to this car that is not obvious on the surface.”

As the Cybercab is expected to enter production later this year, Tesla is surely going to include a handful of things they have not yet revealed to the public.

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Musk seems to be indicating that some of the features will make it even more groundbreaking, and the idea is to enable a truly autonomous experience from start to finish for riders. Everything from climate control to emergency systems, and more, should be included with the car.

It seems more likely than not that Tesla will make the Cybercab its smartest vehicle so far, as if its current lineup is not already extremely intelligent, user-friendly, and intuitive.

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Investor's Corner

Tesla Q4 delivery numbers are better than they initially look: analyst

The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.

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Credit: Tesla Asia/X

Longtime Tesla analyst and Deepwater Asset Management Managing Partner Gene Munster has shared his insights on Tesla’s Q4 2025 deliveries. As per the analyst, Tesla’s numbers are actually better than they first appear. 

Munster shared his thoughts in a post on his website. 

Normalized December Deliveries

Munster noted that Tesla delivered 418k vehicles in the fourth quarter of 2025, slightly below Street expectations of 420k but above the whisper number of 415k. Tesla’s reported 16% year-over-year decline, compared to +7% in September, is largely distorted by the timing of the tax credit expiration, which pulled forward demand.

“Taking a step back, we believe September deliveries pulled forward approximately 55k units that would have otherwise occurred in December or March. For simplicity, we assume the entire pull-forward impacted the December quarter. Under this assumption, September growth would have been down ~5% absent the 55k pull-forward, a Deepwater estimate tied to the credit’s expiration.

For December deliveries to have declined ~5% year over year would imply total deliveries of roughly 470k. Subtracting the 55k units pulled into September results in an implied December delivery figure of approximately 415k. The reported 418k suggests that, when normalizing for the tax credit timing, quarter-over-quarter growth has been consistently down ~5%. Importantly, this ~5% decline represents an improvement from the ~13% declines seen in both the March and June 2025 quarters.

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Tesla’s United States market share

Munster also estimated that Q4 as a whole might very well show a notable improvement in Tesla’s market share in the United States. 

“Over the past couple of years, based on data from Cox Automotive, Tesla has been losing U.S. EV market share, declining to just under 50%. Based on data for October and November, Cox estimates that total U.S. EV sales were down approximately 35%, compared to Tesla’s just reported down 16% for the full quarter.  For the first two months of the quarter, Cox reported Tesla market share of roughly a 65% share, up from under 50% in the September quarter.

“While this data excludes December, the quarter as a whole is likely to show a material improvement in Tesla’s U.S. EV market share.

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