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phonon | 4 months ago

He didn't start Tesla, he was their lead Series A investor and gradually took over.

https://www.forbes.com/sites/quora/2014/12/29/how-much-equit...

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oskarkk|4 months ago

At that point Tesla was 3 guys with an idea and no money. They got $7.5M of investment, of which $6.5M was Musk's money (and he became chairman). I count that as "starting Tesla", as without his money nothing would happen (first big money from other investors came 2 years later).

inemesitaffia|4 months ago

Those people also had the cash to invest.

They had more cash than Musk put in.

They didn't even have the right to the name. Had to buy it from some Euro company

93po|4 months ago

This is a super tired, wrong talking point. Tesla was basically nothing when Elon bought it. He effectively just bought the name. It's also a tired talking point because even if there was some meaningfully well-developed product he was buying at the time, he still grew the company from basically non-existent to one of the best car manufacturers in the world, which is 99.9% of what matters.

If we're going to criticize people I wish we'd stick to real things to criticize, because there are plenty with Elon. Making stuff up like this just makes anti-Elon people look ridiculous.