Land of the Giants

How Tesla Became the Elon Musk Co.

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Aug 2, 2023
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ANECDOTE

Tesla's Founding Story

  • Martin Eberhardt and Mark Tarpening founded Tesla to build a fast, sexy electric sports car as an alternative to gas guzzlers.
  • They named it Tesla after Nikola Tesla and partnered with Lotus for the car body, but struggled to find investors.
INSIGHT

Musk's Climate-Driven Investment

  • Elon Musk's enthusiasm for Tesla was rooted in his concern about climate change and desire for impactful innovation.
  • Musk's investment provided Tesla with critical funding and leadership as chairman of the board.
ANECDOTE

Recruitment Philosophy at Tesla

  • Musk applied a recruitment strategy from SpaceX to Tesla by hiring young, talented engineers from traditional aerospace firms.
  • He promised them freedom to innovate, which boosted Tesla's creative environment.
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