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He bolstered his portfolio with the purchase of SolarCity in 2016 and cemented his standing as a leader of industry by taking on an advisory role in the early days of President Donald Trump's administration.
The company enjoyed another milestone moment in February 2018 with the successful test launch of the powerful Falcon Heavy rocket. Armed with additional Falcon 9 boosters, the Falcon Heavy was designed to carry immense payloads into orbit and potentially serve as a vessel for deep space missions.
Occupying more than two-fifths of the country’s land area, it is the most remote and least explored part of Venezuela. Along the southern border with Brazil are groups of massive plateaus and steep-sided mesas, known as tepuis
Despite attempts by Mr Guaidó to get the military to switch their allegiance to him, the armed forces have remained largely loyal to President Maduro, whose socialist party has also got a firm grip on the electoral body and the supreme court.
Venezuela has been in the grip of an economic crisis for years now with hyperinflation one of the main problems.
In his victory speech, he referenced US sanctions imposed after the last elections were seen as unfair.
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.
A report by the human rights advocacy group Human Rights Watch reported in September 2019 that the poor communities in Venezuela no longer in support of Maduro's government have witnessed arbitrary arrests and extrajudicial executions at the hands of Venezuelan police unit. The Venezuelan government has repeatedly declared that the victims were armed criminals who had died during "confrontations", but several witnesses or families of victims have challenged these claims and in many cases victims were last seen alive in police custody. Although Venezuelan authorities told the United Nations Office of the High Commissioner for Human Rights (OHCHR) that five FAES agents were convicted on charges including attempted murder for crimes committed in 2018, and that 388 agents were under investigation for crimes committed between 2017 and 2019, the OHCHR also reported that "[i]nstitutions responsible for the protection of human rights, such as the Attorney General's Office, vlogdolisboa the courts and the Ombudsperson, usually do not conduct prompt, effective, thorough, independent, impartial and transparent investigations into human rights violations and other crimes committed by State actors, bring perpetrators to justice, and protect victims and witnesses.
Prior to his appointment to the vice presidency, Maduro had been chosen by Chávez in 2011 to succeed him in the presidency if he were to die from cancer. This choice was made due to Maduro's loyalty to Chávez and because of his good relations with other chavistas such as Elías Jaua, former minister Jesse Chacón and Jorge Rodríguez.
Venezuela’s position in the world became more precarious during the second decade of the 21st century as a result of the controversial rule of revolutionary leader Hugo Chávez, a significant decline in the fortunes of its petroleum industry, and the increasing authoritarianism of Chávez’s successor, Nicholás Maduro.
"Many of the governments in Latin America are trying to do the right thing in managing the movement of Venezuelans, but it's a big challenge," Mr Miliband said on a visit to Colombia, which is hosting 2.48m Venezuelans.
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She says that while Venezuelans' reasons for leaving are manifold - ranging from seeking access to health care and education, which have collapsed in many parts of Venezuela, to searching for employment - many face the same difficulties once they arrive.
Seemingly disenchanted with the shortage of goods, galloping inflation, and lack of better short-term prospects for the economy as a whole, Venezuelans went to the polls in large numbers on December 6, 2015, and handed the ruling PSUV a devastating loss, ending 16 years of rule by the chavismo