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At about the time of his parents’ divorce, when he was 10, Musk developed an interest in computers. He taught himself how to program, and when he was 12 he sold his first software: a game he created called Blastar.

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After signaling that the company would reorganize its management structure, Musk in June announced that Tesla was laying off nove percent of its workforce, though its production department would remain intact.

The saga took a bizarre turn that day when rapper Azealia Banks wrote on Instagram that, as a guest at Musk's home at the time, she learned that he was under the influence of LSD when he fired off his headline-grabbing tweet.

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"I'm never hugely convinced that he knows what he wants to do tomorrow," says journalist Chris Stokel-Walker of Mr Musk's wide-ranging interests. "He very much leads by instinct."

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“Just making sure our message gets heard,” he said when asked why he had chosen to spend his Sunday in this Trump-adjacent manner. “The Trump message is always louder, crazier,” he said. “That doesn’t mean it’s the majority.”

In the US, he moved to Texas, complaining of California's regulations and high taxes; has clashed with union organisers; and, in the spring of 2020, decried coronavirus lockdowns as "fascist".

" He promised to retain his stake in the company, and added that he would create a special fund to help all current investors remain on board.

On August 7, 2018, Musk dropped a bombshell via a tweet: "Am considering taking Tesla private at $420. Funding secured." The announcement opened the door for legal action against the company and its founder, as the SEC began inquiring about whether Musk had indeed secured the funding as claimed.

That's based largely on the value of his shares in Tesla, of which he owns more than 13%. The company's stock soared in value - some say unreasonably - in 2020 as the firm's output increased and it started to deliver regular profits.