Elon Musk: Difference between revisions
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==Professional background== | ==Professional background== | ||
After earning his bachelor's degree from the University of Pennsylvania in 1997, | After earning his bachelor's degree from the University of Pennsylvania in 1997, Musk moved to California to found Zip2 in 1995. After Zip2's sale in 1999, he confounded X.com, a online payments site that later merged to form [[PayPal]], which was later acquired by [[eBay]] in 2002. He is listed as CEO and product architect of [[Tesla]], founder, CEO and chief engineer of [[wikipedia:SpaceX|SpaceX]], founder and CEO of [[xAI]], founder and CTO of [[X Corp|X corp.]], a co-founder of [[wikipedia:Neuralink|Neuralink]], [[wikipedia:The_Boring_Company|the Boring Company]], [[OpenAI]], [[wikipedia:Zip2|Zip2]], and [[wikipedia:X.com_(bank)|X.com]] (part of PayPal), and president of the [[wikipedia:Musk_Foundation|Musk Foundation]].<ref>{{Cite web |date=2026-05-12 |title=Elon Musk |url=https://en.wikipedia.org/wiki/Elon_Musk |url-status=live |archive-url=https://web.archive.org/web/20260512033801/https://en.wikipedia.org/wiki/Elon_Musk |archive-date=2026-05-12 |access-date=2026-05-12 |website=Wikipedia}}</ref> | ||
==Stance on consumer rights== | ==Stance on consumer rights== | ||
Musk has on many occasions marketed [[Tesla]] as a pro-consumer company, promising "orders are fully refundable, even after you’ve had your Tesla for a week” despite this contradicting Tesla's policy at the time.<ref>{{Cite web |last=Kolodny |first=Lora |date=23 Mar 2019 |title=Elon Musk touted a lenient return policy for Tesla, but history suggests customers should read the fine print |url=https://www.cnbc.com/2019/03/23/elon-musk-tweets-lenient-return-policy-but-may-not-be-upheld.html |url-status=live |archive-url=https://web.archive.org/web/20250723142630/https://www.cnbc.com/2019/03/23/elon-musk-tweets-lenient-return-policy-but-may-not-be-upheld.html |archive-date=23 Jul 2025 |access-date=2026-05-13 |website=CNBC}}</ref> In late 2024-early 2025 he explicitly called to "Delete [[wikipedia:Consumer_Financial_Protection_Bureau|CFPB]]" arguing there are "too many duplicative regulatory agencies," then posted "CFPB RIP" as the agency (created to protect consumers from unfair, deceptive, or predatory financial practices) was being effectively halted by the administration.<ref>{{Cite web |last=Romm |first=Tony |date=7 Feb 2025 |title=DOGE targets Consumer Financial Protection Bureau as Musk tweets ‘RIP’ |url=https://www.washingtonpost.com/business/2025/02/07/cfpb-doge-trump-musk-chopra/ |url-status=live |archive-url=https://web.archive.org/web/20250215140122/https://www.washingtonpost.com/business/2025/02/07/cfpb-doge-trump-musk-chopra/ |archive-date=15 Feb 2025 |access-date=2026-05-13 |website=The Washington Post}}</ref> In a follow-up commentary reported at the time, Musk minimized the bureau's value, writing that it did “above zero good things, but still need to go”.<ref>{{Cite web |last=Weissmann |first=Jordan |date=15 Feb 2025 |title=As he targets the CFPB, Elon Musk looks to dismantle his own potential regulator |url=https://finance.yahoo.com/news/as-he-targets-the-cfpb-elon-musk-looks-to-dismantle-his-own-potential-regulator-231008060.html |url-status=live |archive-url=https://web.archive.org/web/20250727010529/https://finance.yahoo.com/news/as-he-targets-the-cfpb-elon-musk-looks-to-dismantle-his-own-potential-regulator-231008060.html |archive-date=27 Jul 2025 |access-date=2026-05-13 |website=Yahoo Finance}}</ref> | |||
==Major consumer protection incidents== | ==Major consumer protection incidents== | ||