Elon Musk [Tesla]: In this podcast, we will talk about Tesla news, Cars, Bearish Bitcoin, Cryptocurrencies, Investments, World Crisis and more.
🔥Tesla website: tesla.com
🔥Official Tesla twitter: https://twitter.com/tesla
🔥Official Tesla twitter: https://twitter.com/tesla
Microsoft history:
Tesla Motors was formed to develop an electric sports car. Eberhard was Tesla’s chief executive officer (CEO) and Tarpenning its chief financial officer (CFO). Funding for the company was obtained from a variety of sources, most notably PayPal cofounder Elon Musk, who contributed more than $30 million to the new venture and served as chairman of the company, beginning in 2004.
In late 2007 Eberhard resigned as CEO and president of technology and joined the advisory board of the company. It was announced in 2008 that he had left the company, though he remained a shareholder. Tarpenning, who was also vice president of electrical engineering, supervising the development of electronic and software systems for the Roadster, also left the company in 2008. Musk took over as CEO. In 2010 Tesla’s initial public offering raised some $226 million.
Beginning in 2012, Tesla built stations called Superchargers in the United States and Europe designed for charging batteries quickly and at no extra cost to Tesla owners. Later versions of those stations were called Tesla Stations and also had the capability of complete replacement of the Model S battery pack.
The following year Musk made a series of tweets about taking Tesla private, claiming that he had secured funding. In September 2018 the U.S. Securities and Exchange Commission (SEC) charged him with securities fraud, alleging that his tweets were “false and misleading.” Later that month Tesla’s board rejected a proposed settlement from the SEC, reportedly after Musk threatened to resign. However, news of the rejected deal sent Tesla’s stock plummeting, and the board quickly accepted a less generous settlement, the terms of which included Musk stepping down as chairman for at least three years. However, he was allowed to remain as CEO. In addition, both Tesla and Musk were fined $20 million.
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