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Elon Musk: The King of Job Creation
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.
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.
News
Tesla removes Model S and X custom orders as sunset officially begins
In a significant development that marks the beginning of the end for two of its longest-running models, Tesla has removed the custom order configurator for the Model S sedan and Model X SUV from its website.
Tesla has officially started the “honorable discharge” of the Model S and Model X with a massive move, removing the two vehicles from Custom Orders and only offering inventory options.
It is the latest move Tesla has made to pull the Model S and Model X from its lineup, a decision CEO Elon Musk announced during its last quarterly earnings call.
Tesla brings closure to flagship ‘sentimental’ models, Musk confirms
In a significant development that marks the beginning of the end for two of its longest-running models, Tesla has removed the custom order configurator for the Model S sedan and Model X SUV from its website.
As of April 1, visitors to tesla.com/model-s and tesla.com/modelx are now redirected exclusively to limited inventory listings rather than a design studio, allowing buyers to select paint, wheels, interior options, or performance upgrades. Only pre-built vehicles currently in stock are available for purchase or lease.
Tesla CEO Elon Musk confirmed the change directly on X, posting: “Custom orders of the Tesla Model S & X have come to an end. All that’s left are some in inventory.”
Custom orders of the Tesla Model S & X have come to an end. All that’s left are some in inventory.
We will have an official ceremony to mark the ending of an era. I love those cars.
This was me at production launch 14 years ago: pic.twitter.com/6kvCf9HTHc
— Elon Musk (@elonmusk) April 1, 2026
We will have an official ceremony to mark the end of an era.” Accompanying the statement was a throwback photo from the Model S production launch in 2012, underscoring the emotional weight of the decision.
Musk had first signaled the phase-out during the company’s Q4 2025 earnings call in January, describing it as time for an “honorable discharge” of the programs to free up resources at the Fremont factory for Optimus humanoid robot production and autonomous vehicle initiatives.
The Model S, introduced in 2012, and the Model X, which followed in 2015, were instrumental in establishing Tesla as a premium electric vehicle leader.
The sedan offered class-leading range and acceleration, while the SUV’s signature falcon-wing doors became an iconic feature. Together, they proved EVs could compete in the luxury segment. Yet sales volumes have dwindled in recent years as Tesla prioritized higher-volume Model 3 and Model Y vehicles.
The flagships now represent a tiny fraction of overall deliveries, making continued custom production inefficient as the company accelerates toward robotaxis and next-generation platforms.
Prospective buyers are urged to act quickly. Remaining U.S. inventory vehicles—some nearly new—may include incentives such as lifetime free Supercharging, Full Self-Driving (Supervised) capability, and premium connectivity, depending on configuration.
Leasing options start around $1,699 per month for select Model X units, though exact pricing and availability fluctuate. International markets, including Europe and China, have already seen similar restrictions in recent months.
The move aligns with Tesla’s broader strategy to streamline its lineup and redirect manufacturing capacity toward autonomy and AI-driven products. While some enthusiasts lament the loss of personalization, the company views the transition as necessary progress.
Tesla has indicated that once the current inventory sells out, new Model S and Model X vehicles will no longer be offered.
For loyal owners and fans, the promised “official ceremony” may provide a fitting send-off. In the meantime, the website change serves as a clear signal: the era of bespoke flagship Teslas has quietly concluded, and the focus has fully shifted to the future.
Elon Musk
SpaceX files confidentially for IPO that will rewrite the record books
SpaceX files confidentially for a record-breaking IPO targeting a $1.75T valuation and $80B raise, driven by Starlink growth and its xAI merger.
Elon Musk’s rocket and satellite company submitted its draft registration to the U.S. Securities and Exchange Commission today for an initial public offering, targeting June at a $1.75 trillion valuation. This would be the largest in history.
SpaceX has filed confidentially with the SEC, first reported by Bloomberg. SpaceX would be valued above every S&P 500 company except Nvidia, Apple, Alphabet, Microsoft, and Amazon.
The filing uses a confidential process that allows companies to work through SEC disclosures privately before initiating a public roadshow. With a June target, official details through a formal prospectus is expected to go public in April or early May, after which SpaceX must wait at least 15 days before beginning investor marketing.
While SpaceX is best known for its Falcon 9 and Starship rockets, the $1.75 trillion valuation is anchored by Starlink, its satellite internet service. Starlink ended 2025 with 9.2 million subscribers and over $10 billion in revenue, which is a figure analysts project could reach a staggering $24 billion by the end of 2026. A February all-stock merger with xAI, Musk’s artificial intelligence venture, further boosted the valuation.
SpaceX officially acquires xAI, merging rockets with AI expertise
Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are lined up as senior underwriters. SpaceX is also considering a dual-class share structure to preserve insider voting control, and plans to allocate up to 30% of shares to retail investors, which is roughly three times the typical norm.
Elon Musk
Elon Musk hints at “official ceremony” with throwback photo to close Tesla Model S, Model X chapter
Elon Musk promises an official ceremony to mark the end of Tesla Model S and Model X production.
Tesla has officially begun winding down production of the Model S and Model X, sending farewell emails to U.S. customers on March 27 and updating the website to reflect the end of the line. Shoppers visiting Tesla.com now find only a limited set of Model S and Model X inventory units available for purchase, with no option to configure a new factory build. The move formalizes what CEO Elon Musk announced on the company’s Q4 2025 earnings call in January, when he said it was “time to basically bring the Model S and X programs to an end with an honorable discharge.”
Musk posted on X a throwback photo of himself speaking at the Model S production launch in 2012, and noting “We will have an official ceremony to mark the ending of an era. I love those cars.”
The mention of an official ceremony is notable. Tesla has not held a formal farewell event for a vehicle before, and Musk’s wording suggests this will be something deliberate rather than a quiet line shutdown. Given that Musk’s X post shows a photo of him on stage with a microphone in front of an audience at the Fremont factory, it wouldn’t be too far-fetched to expect a closing ceremony to take place at the same location. Perhaps? Whether it becomes a public event, a private gathering for employees, or a livestreamed moment on X remains to be seen.
Custom orders of the Tesla Model S & X have come to an end. All that’s left are some in inventory.
We will have an official ceremony to mark the ending of an era. I love those cars.
This was me at production launch 14 years ago: pic.twitter.com/6kvCf9HTHc
— Elon Musk (@elonmusk) April 1, 2026
The Model S first went on sale nearly fifteen years ago and was Tesla’s first fully in-house designed vehicle, proving that an electric car could be fast, desirable, and capable of long distance on a single charge. The Model X followed in 2015, turning heads with its unmistakable and distinctive falcon-wing doors, while becoming one of the first all-electric SUVs on the market. Tesla’s two flagship vehicles would ultimately push legacy automakers to take all-electric transportation seriously and help fund development of the more affordable Model 3 and Model Y.
By 2025, however, both models had been reduced to a rounding error in Tesla’s sales figures. Musk was direct about what comes next, stating “We are going to convert that production space to an Optimus factory. It’s part of our overall shift to an autonomous future.”
Elon Musk’s $10 Trillion robot: Inside Tesla’s push to mass produce Optimus
That shift is already underway. Tesla officially started Optimus Gen 3 production at its Fremont factory in January 2026, with the line targeting a run rate of one million units per year. The Gen 3 robot features 22 degrees of freedom per hand, runs on Tesla’s AI5 chip, and shares the same neural network architecture as Full Self-Driving. A dedicated Optimus factory at Gigafactory Texas is also under construction, with a planned annual capacity of 10 million units. The production lines that once built the Model S and Model X are being converted to support that ramp.
Tesla confirmed it will continue to support existing owners with service, software updates, and parts for as long as people own the vehicles. For buyers still interested in a new example, remaining U.S. inventory is discounted and the window is closing fast.
Tesla removes Model S and X custom orders as sunset officially begins
SpaceX files confidentially for IPO that will rewrite the record books
Elon Musk hints at “official ceremony” with throwback photo to close Tesla Model S, Model X chapter
Elon Musk says Tesla is developing a new vehicle: ‘Way cooler than a minivan’
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
