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Companies trying to replicate Musk's success might face several obstacles. Firstly, they might struggle with the high costs and risks associated with innovation. Secondly, they might lack the visionary leadership that Musk provides. Thirdly, they might face regulatory hurdles, especially in industries like space travel and electric vehicles. To overcome these obstacles, companies could invest heavily in research and development, cultivate visionary leaders, and engage in lobbying to influence regulatory frameworks.
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As Tesla began to fulfill its first round of pre-ordered Model S cars, things were shaky. Parts for the car were way too expensive and everything was behind schedule. Musk was not happy and called for the board to replace CEO Martin Eberhard as CEO. They agreed and the original founder of the company was gone.
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Elon Musk's ascension has been described by experts as the fastest bout of wealth creation in history. So how did he do it? In this book, the inventor...
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