EVs - Elon Musk on Founding Tesla: ‘I Thought We Would Most Likely Fail’

Six years ago, Elon Musk was on the verge of losing most of his fortune. His rocket venture, SpaceX, had already experienced three failed launches. Meanwhile, Tesla was losing money fast -- and it was almost impossible to convince investors to pour money into an electric vehicle startup during the 2008 financial crisis. Musk was one setback away from becoming broke. "I remember waking up the Sunday before Christmas in 2008, and thinking to mysel ...

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