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Birch and Xochi later founded the online social networking website Bebo [5] in January 2005, with a major launch in July 2005. In 2007, Bebo had over 45 million registered users and was the sixth most popular site in the UK, bigger than AOL, Amazon.co.uk and bbc.co.uk. [6] Michael and Xochi Birch sold Bebo to AOL in March 2008 for $850 million.
The two co-founders funded the company until early 2004, when Elon Musk led the company's $6.5 million Series A financing round in February 2004 and became the chairman of the board. [10] Tarpenning continued to serve as the chief financial officer (CFO) and the Vice President of Electrical Engineering in Tesla until 2008. [5] [11]
Tesla entered the Interbrand Top100 Best Global Brands in 2016 in position 100 with a brand valuation of US$4 billion. [174] In 2020, Kantar rated Tesla's brand as worth US$11.35 billion, behind Toyota, Mercedes and BMW, but ahead of all other auto makers, and the only automotive brand whose value increased since the previous year. [175]
Since the balance sheet is founded on the principles of the accounting equation, this equation can also be said to be responsible for estimating the net worth of an entire company. The fundamental components of the accounting equation include the calculation of both company holdings and company debts; thus, it allows owners to gauge the total ...
The difference between the assets and the liabilities is known as equity or the net assets or the net worth or capital of the company and according to the accounting equation, net worth must equal assets minus liabilities. [4] Another way to look at the balance sheet equation is that total assets equals liabilities plus owner's equity.
The Tesla CEO’s net worth is $170 billion to $182 billion, according to estimates from Bloomberg and Forbes. That puts him just slightly ahead of the founder and CEO of the luxury goods giant ...
Tesla, Inc. (/ ˈ t ɛ s l ə / ⓘ TESS-lə or / ˈ t ɛ z l ə / TEZ-lə [a]) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Xochi Birch OBE (/ ˈ s oʊ tʃ i /) is an American computer programmer and entrepreneur in San Francisco, California.She is the co-founder of several companies since 1999, most notably the online social networking website Bebo, with her husband Michael Birch. [1]