Tuesday, April 21, 2015

book: Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future: Ashlee Vance: 9780062301239: Amazon.com: Books

Elon Musk Had a Deal to Sell Tesla to Google in 2013 - Bloomberg Business

Elon Musk had an $11 billion deal in place to sell Tesla to Google in 2013 - Business Insider

Before Elon Musk talked to Google about buying Tesla, the car maker admitted that it was running out of money - Business Insider

musk tesla model s

How Elon Musk Almost Sold Tesla Motors, Inc. to Google (TSLA)
"Vance summarized the terms Musk took to Page during the first week of March:

Considering his straits, Musk drove a hard bargain. He proposed that Google buy Tesla outright — with a healthy premium, the company would have cost about $6 billion at the time — and pony up another $5 billion in capital for factory expansions. He also wanted guarantees that Google wouldn't break up or shut down his company before it produced a third-generation electric car aimed at the mainstream auto market. He insisted that Page let him run a Google-owned Tesla for eight years, or until it began pumping out such a car. Page accepted the overall proposal and shook on the deal.

And back at Tesla headquarters, Musk spared no mercy.
"If we don't deliver these cars, we are f---ed," Musk told his staff. "I don't care what job you were doing. Your new job is delivering cars."

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