When Elon Musk Ignited Tesla’s Transformation
Elon Musk, the dynamic force behind Tesla, joined in 2004 with a $6.5 million investment. A year later, he became chairman of the board. In 2006, he orchestrated two crucial funding rounds, raising $13 million (Series B) and $40 million (Series C) with the backing of Google’s co-founders, JPMorgan Chase and Jeff Skoll.
By May 2007, the total private financing soared to an impressive $105 million. Elon’s unwavering dedication and strategic partnerships laid the foundation for Tesla’s electrifying journey, revolutionizing the automotive landscape and leaving an indelible mark in history.
Next: The prototype that will set things into motion.