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According to the Wall Street Journal, in September 2018, the company's stock fell to its lowest price in a year, around the time that CEO Elon Musk smoked marijuana during a live TV interview. [177] As of December 31, 2019, Musk owns 38,658,670 Tesla shares or 20.8% of the company. [178]
A 2009 lawsuit settlement with Eberhard designated Musk as a Tesla co-founder, along with Tarpenning and two others. [ 120 ] [ 121 ] Musk resigned from chairman of the board as part of the settlement of a lawsuit from the SEC over him tweeting that funding had been "secured" for potentially taking Tesla private.
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.
Tesla. Founded in 2003, Tesla has become a leader in electric vehicle manufacturing. Musk joined Tesla as an investor in 2004 and became chairman of its board of directors, eventually becoming CEO ...
Elon Musk is known as one of the world's richest men, the founder and CEO of Tesla and a Tennessee economic investor and most recently one of Donald Trump's allies.
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks a May 2024 conference (Apu Gomes/Getty Images) These should be tough days for Tesla. Sales are down.
In March 1999, [15] Musk co-founded X.com, an online financial services and e-mail payment company with $12 million of the money he made from the Compaq acquisition. [16] X.com was one of the first online banks that was federally insured, and over 200,000 customers joined in its initial months of operation.
In this video from our YouTube channel, we break down the history of the electric car, how it almost disappeared in the early 2000s, and how Elon Musk and Tesla (NASDAQ: TSLA) brought the ...