True disruption means threatening your existing product line and your past investments. Breakthrough products disrupt current lines of businesses.

The paradigm I want to change is that, you can have a car that is beautiful, manufacturable, affordable, safe, fast, and oh, by the way, does 100 mpg, or its energy equivalent. Why wouldn't you?

You have to ask yourself the question, do you have the smartest people in the world working for your company? And if you do, you're lucky. But if you don't, put up the incentive. And have someone who is absolutely brilliant who's a 22-year old in India who says what about this way? And who revolutionizes the way you do business.

The world's biggest problems are the world's biggest business opportunities.

Small teams driven by their passion with a clear focus can do extraordinary things. Things that only large corporations and governments could do in the past.

The best way to become a billionaire is to help a billion people.

Back in 2007, I had the opportunity to meet Professor Stephen Hawking through the X PRIZE Foundation. In my first conversation with him I learned that he was passionate about flying into space someday.