undefined | Better HN

0 pointsyumraj3y ago0 comments

Elon Musk did not found Tesla. He joined later after making an investment.

Founded in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors, the company's name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, via a $6.5 million investment, X.com co-founder Elon Musk became the largest shareholder of the company and its chairman. He has served as CEO since 2008. [0]

[0] https://en.m.wikipedia.org/wiki/Tesla,_Inc.

0 comments

patentatt3y ago

But Musk had to cry about it and sued to be able to be called a co-founder:

"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."

4111111111111113y ago

Give it a few months and musk will also be a Twitter founder

hef198983y ago

Just wait for the law suit.

legostormtroopr3y ago

That seems like a very pedantic distinction. Large scale investment and a leadership position within the first 9 month of company creation seems like a “founder” to me.

j / k navigate · click thread line to collapse