Tesla’s Elon Musk Dubbed The “King Of Job Creation” Due To The “Tesla Effect”
Elon Musk, best known as CEO of Tesla, is also the man in charge at SpaceX, and more recently, SolarCity (which is now combined with Tesla). Between the three companies, Musk’s businesses employs over 35,000 people around the globe, with the bulk of them residing in the U.S.
As we know, Tesla began as a small outfit, that started by kicking off production of the Tesla Roadster in 2008. Since then, the company has put some 191,000 BEVs on the road worldwide, and that success has not gone unnoticed, with many calling it the “Tesla Effect.”
Hillary Schieve, Mayor of Reno, Nevada, told Teslarati:
“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.”
Because cars are more near and dear to most people’s everyday lives, SpaceX and SolarCity tend to take a back seat. It seems every piece we read that mentions Elon Musk refers to the tech mogul as “Tesla CEO Elon Musk.” The Tesla Effect really dives much deeper than Tesla as an automaker. Unless one is referring to Tesla in general terms as the all-encompassing “green energy electric tech … space” company, it can be seen just as easily as the “Elon Musk Effect.” People will argue that he takes credit and wasn’t even a true Tesla founder, or that his cousins actually founded SolarCity, but honestly, that is all beside the point. Musk is a visionary and the face and voice of these companies, and he’s who the public sees and knows.
Reno paints the perfect picture of what Tesla has done, and why Musk is dubbed the “King of Job Creation.” Since the Gigafactory has called Reno home, the city has experienced a surge in job growth and a housing market boom. Indirectly, but as a result of Tesla’s presence, Reno anticipates 80,000 new jobs in the area, along with the construction of 40,000 new homes.
Thus far, just in Reno, Tesla has created 1,000 jobs and another 1,900 related to Gigafactory construction. Tesla plans to hire another 1,000 employees by the middle of this year, and battery partner Panasonic will hire 2,000. The monumental battery factory could see 10,000 workers upon maximum capacity. This will not only cause a larger housing boom, but local experts actually expect the initiation of a housing crisis.
SpaceX has over 5,000 employees at this time and 800 openings to fill immediately. SolarCity employs more than 12,000 workers now, with 1,000 available jobs. Before the end of this year, both companies will need to hire more than double the numbers of job openings that are currently posted. Between all three companies, the open job postings add up to nearly 5,000, and are growing rapidly.
It’s no wonder that Trump has placed Musk on his Manufacturing Jobs Council and Strategic and Policy Forum. The King of Job Creation is looking at employing well over 40,000 people before the end of 2017.