Elon Musk Had a Deal to Sell Tesla to Google in 2013 - Bloomberg Business
Before Elon Musk talked to Google about buying Tesla, the car maker admitted that it was running out of money - Business Insider
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."
No comments:
Post a Comment