World Energy Innovation Forum

World Energy Innovation Forum

An extensive summary of the recent Elon Musk interview from the 2016 World Energy Innovation Forum earlier this month was released by Tesla Updates.

As on many other occasions, Musk speaks about many of his projects, even back to his early Zip2 software company, which (like with Model X production of today) saw the young CEO get started by sleeping in the office and just few thousand bucks in the pocket.

Touching on an interest fact on Tesla's history, was Musk recounting how the company (once considered to be branded Faraday - from 10:00 mark) was established after AC Propulsion refused to commercialize the tzero:

AC Propulsion tzero

AC Propulsion tzero

"The genesis code for Tesla was actually a lunch in 2003 with J.B. Straubel, one the co-founders.

We were talking about electric planes and space stuff and then conversation turned into electric vehicles, he mentioned a little company in California called A.C. Propulsion which created 'tzero' electric prototype sports car.

I did a test drive in the 'tzero' and tried to convince A.C. propulsion to commercialize it, it was a cool concept but didn't have a roof or safety systems, but it showed basic fundamentals of what an electric sports car could do.

They deserve a lot of credit for Tesla. I Couldn't convince them to commercialize it, I joined up with other people interested and created Tesla.  In the beginning we didn't actually own the trademark, it was owned by somebody in Sacramento. We had to change the name, we battered around various names - Faraday was our second choice. Faraday was the guy who invented the electric motor. Tesla invented the AC induction motor which is the type used on the Roadster"."

For more topics check Tesla Updates

  • On his work ethics
  • On his Recruiting philosophy
  • On what enabled Tesla to compete against incumbency
  • On AI's effect on massive transportation
  • On the Gigafactory and Tesla Energy
  • On policy initiatives
  • On A.I.
  • On Space X's future