This image is the F0UNDER of T£SLA…. He’s not Elon Musk.
His name is Martin Eberhard…

Martin ran his company Tesla from 2003 to 2008…at one point, he and his Co founder, Marc Tarpenning needed money and they started hunting investors. Their path crossed with Elon Musk who had just sold a business and had some cash…. Elon Musk saw the opportunity in Tesla and invested about $6 milli0n d0llars… Fast forward to 2024, Tesla is now worth Billi0ns, while Martin and Marc who were the founders have both lost their positions in Tesla.

Here’s the lesson…
Tesla Founders, Martin and Marc are ENTREPRENEURS whose business was at the point of bankruptcy ….. They had a great idea and worked for 5 years to build that idea into a business… But they didn’t have the money to invest in that idea.
Another entrepreneur with the mind of an investor saw a bigger picture. His name is Elon Musk. Today, Elon Musk, with an initial investment of about 6 milli0n dollars controls Tesla and has become one of the world’s most influential man.

My take; life sometimes can be very complicated!

Martin and Marc had two options. Either find an investor or watch the firm go into bankruptcy. Selling for 6 million dollars and retaining minimal stake that is now valued at $230 million was good business. They actually saved the big picture.

#cars #autos #ev #usa #tesla #elonmusk #UK #europe