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Elon Musk: The King of Job Creation

Thursday, February 9, 2017 2:42
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(Before It's News)

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
 of which 30,000+ are in the US.

Advanced Manufacturing: Tesla

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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.

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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.

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
target="_blank">busy year to come

Thousands of skilled labor jobs: SolarCity (now part of
target="_blank">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.

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

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.

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