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Notices by CubeThoughts (cubethoughts@mastodon.social)

CubeThoughts (cubethoughts@mastodon.social)'s status on Friday, 26-Jan-2024 01:09:39 UTC CubeThoughts
in reply to
@princelysum @avedik @rodhilton I'm not a Elon fan but he did become the largest shareholder within a few months of the founding and started running it with usual, eh, light touch.. Founded 1 July 2003, Musk invests and becomes largest shareholder and chairman in February 2004.
In conversation about a year ago from mastodon.social permalink
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1. (text from Wikipedia) Founding (2003–2004) The company was incorporated as Tesla Motors, Inc. on July 1, 2003, by Martin Eberhard and Marc Tarpenning.[12] Eberhard and Tarpenning served as CEO and CFO, respectively.[13] Eberhard said he wanted to build "a car manufacturer that is also a technology company", with its core technologies as "the battery, the computer software, and the proprietary motor".[14] Ian Wright was Tesla's third employee, joining a few months later.[12] In February 2004, the company raised $7.5 million in series A funding, including $6.5 million from Elon Musk, who had received $100 million from the sale of his interest in PayPal two years earlier. Musk became the chairman of the board of directors and the largest shareholder of Tesla.[15][16][13] J. B. Straubel joined Tesla in May 2004 as chief technical officer.[17] A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk, and Straubel – to call themselves co-founders.[18]
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