Acquired Season 3, Episode 1: Tesla
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Jul 17, 2018 Dive into Tesla's electrifying journey, from its bold inception to its 2010 IPO. Explore Elon Musk's rise from PayPal mogul to automotive innovator, navigating early challenges with the Roadster and embracing bold designs. Discover how Hollywood intertwined with tech culture, inspiring the Iron Man character. Witness the Model S's groundbreaking launch, and delve into the company's unique branding and financial hurdles, including the Model 3 demand surge and the SolarCity acquisition. It's a thrilling look at a transformative automotive giant!
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Elon's Early Desire for Control
- Elon Musk's first US company, Zip2, was funded by VCs who later ousted him as CEO.
- This experience fueled his desire for control in future ventures.
Elon's Playboy Phase and X.com
- After selling Zip2, Elon Musk embraced a playboy lifestyle, buying a McLaren F1 and racing Larry Ellison.
- He then founded X.com, aiming to revolutionize online banking.
The T-Zero and Early Tesla
- JB Straubel, a Stanford grad, realized the potential of lithium-ion batteries for electric vehicles.
- He introduced Elon Musk to AC Propulsion's T-Zero, an electric kit car.
