How Elon Musk's former employees are building a climate tech startup ecosystem
By
Matthew Zeitlin
Summary
The article discusses how Elon Musk has inadvertently created a "climate tech mafia" — a network of former employees who have gone on to found their own capital-intensive hard tech startups. While Musk is famous for building Tesla and SpaceX into successful companies, he has also played a quieter but significant role in getting venture capitalists excited about funding difficult, hardware-focused climate technology ventures. Many of these startups are founded by alumni of Tesla and SpaceX, leveraging the skills and risk-taking mindset they developed working under Musk.
Source

bskyHow Elon Musk's former employees are building a climate tech startup ecosystemheatmap.newsKey quotes
· 2 pulledFor most of the time Musk was sleeping on the floor of Tesla's factory to oversee Model 3 assembly and his rockets were riding across the country on the back of flatbed trucks, the venture capitalists that fund the next generation of technology companies were largely avoiding capital-intensive hard tech startups.
While SpaceX founder and Tesla CEO Elon Musk is often lauded for turning technology like reusable rockets and American-made electric vehicles into thriving businesses in a way long thought impossible, he has also more quietly done something about as unlikely: get investors excited about capital-intensive hard tech startups.
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