The document provides biographical information about Elon Musk, the CEO and product architect of Tesla Motors. It summarizes that he was born in South Africa, obtained Canadian citizenship, and studied physics and economics at the University of Pennsylvania. It describes that he became involved with Tesla Motors in 2004, leading their Series A funding round and becoming chairman of the board. Under his leadership as CEO, Tesla Motors produced their Tesla Roadster electric sports car and Model S sedan, with the goal of building affordable electric vehicles.

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THOUGHT OF THE DAY
THOUGHT OF THE DAY
“Live your everyday extraordinary!”
Law Updates:
 India Inc's sales, profit move in opposite directions with decline of net
sales growth by 4.4% in September quarter, the second worst in eight
years.
 Tax evasion and money laundering will become extremely difficult in
the next 1-2 years, with real-time global automatic exchange of
information system coming into effect: Finance Minister.
 HC directed ROC to file criminal complaint against respondent for
making false statements during winding up of the Company.
 Economic Affairs Secretary Shaktikanta Das has joined the Board of the
SEBI replacing Manoj Joshi as nominee of the Finance Ministry.
 Interest income of banks from investment in non-SLR securities to be
deemed as business income: CBDT to AOs.
 Banks soar in a broad based rally; Core sector growth up 3.2%after
Global rating agency Moody’s on Monday said it expected a gradual
improvement in the working environment as it upgraded its outlook for
India’s banking system from negative to stable.
PROFESSIONALS INPUTS:
 Vide RBI Press Release dated 02 November, 2015:Government of India
announce the sale of five dated securities for 15,000 crore on November
06, 2015.
 SEBI has posted FAQs on SEBI (DELISITING OF EQUITY SHARES)
REGULATIONS, 2009 on its website in order to clarify the various
related terms and concepts.
 Vide Notification No. 23 /2015-Central Excise (N.T.)dated 30.10.2015
CBECSeeks to further amend Notification No.42/2001-Central
Excise(N.T.) dated 26.06.2001.
MARKET WATCH:
SENSEX: 26612.41 53.26 NIFTY:8061.20 10.45
SILVER:36180.00 -11.00 GOLD (MCX): 26389.00 -20.00
USD/INR:65.44 -0.15 CRUDE OIL:3038.00 5.00
CS Rajiv Bajaj
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Date: 3rd November, 2015

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Elon Musk
CEO and Product Architect of Tesla Motorsv
Elon Reeve Musk (born June 28, 1971) is a South African-born Canadian-
American business magnate, engineer, inventor and investor. He is the
CEO and CTO of SpaceX, CEO and product architect of Tesla Motors, and
chairman of SolarCity.He is the founder of SpaceX and a co-founder of
Zip2, PayPal, and Tesla Motors. He has also envisioned a conceptual high-
speed transportation system known as the Hyperloop and has proposed a
VTOL supersonic jet aircraft with electric fan propulsion.
Early life
Musk was born June 28, 1971, in Pretoria, Gauteng, South Africa, the son of Maye (née Haldeman), a
model from Regina, Saskatchewan, Canada; and Errol Musk, a South African-born electromechanical
engineer. He has a younger brother, Kimbal, and a younger sister, Tosca. His paternal grandmother was
British, and he also has Pennsylvania Dutch ancestry. After his parents divorced in 1980, Musk lived
mostly with his father in locations in South Africa. At age 10, he discovered computing with the
Commodore VIC-20. He taught himself computer programming and at age 12 sold the code for a BASIC-
based video game he created called Blastar to a magazine called PC and Office Technology for
approximately US$500. A web version of the game is available online..
Education
Musk was initially educated in private education, attending the English-speaking Waterkloof House
Preparatory School. Musk later graduated from Pretoria Boys High School and moved to Canada in June
1989, just before his 18th birthday, after obtaining Canadian citizenship through his Canadian-born
mother. At the age of 19, Musk was accepted into Queen's University in Kingston, Ontario, for
undergraduate study, and in 1992, after spending two years at Queen's University, Musk transferred to the
University of Pennsylvania where, at the age of 24, he received a Bachelor of Science degree in physics at
Penn's College of Arts and Sciences, and a Bachelor of Science degree in economics at the Wharton School
of the University of Pennsylvania. Musk stayed on a year to finish his second bachelor's degree. While at
the University of Pennsylvania. In 1995, age 24, Musk moved to California to begin a PhD in applied
physics at Stanford University, but left the program after two days to pursue his entrepreneurial
aspirations in the areas of the Internet, renewable energy and outer space. In 2002, he became a U.S.
citizen.
Career with Tesla Motors
Tesla Motors was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning, who financed the
company until the Series A round of funding. Both men played active roles in the company's early
development prior to Elon Musk's involvement. Musk led the Series A round of investment in February
2004, joining Tesla's board of directors as its chairman.[67]
Following the financial crisis in 2008, Musk assumed leadership of the company as CEO and product
architect, positions he still holds today. Tesla Motors first built an electric sports car, the Tesla Roadster,
with sales of about 2,500 vehicles to 31 countries. Tesla began delivery of its four-door Model S sedan on
June 22, 2012. It unveiled its third product, the Model X, aimed at the SUV/minivan market, on February
9, 2012,Musk has favored building a sub-US$30,000 subcompact and building and selling electric vehicle
powertrain components so that other automakers can produce electric vehicles at affordable prices without
having to develop the products in-house. Several mainstream publications have compared him with Henry
Ford for his work on advanced vehicle powertrains.