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When did Elon Musk buy Tesla?

I’m writing about Elon Musk for my business class and I need to know more about his beginnings at Tesla. For instance, when did he buy Tesla?

Mary Cahill · Updated on Mar 20, 2023

Reviewed by Shannon Martin, Licensed Insurance Agent.

Before Twitter, Elon’s baby was Tesla. On February 2004, Elon Musk invested $6.5 million in Tesla, which made him the largest shareholder in the company. In 2008, he became Tesla’s CEO—a position he still holds today.

Tesla Motors was founded in 2003 by a couple of American entrepreneurs named Martin Eberhard and Marc Tarpenning. Their goal was to develop an electric sports car which would come to be known as the Tesla Roadster. The Roadster was released in ‘08, the same year Musk became CEO, but production was halted in 2012 to shift focus to the

.

Years, later Elon Musk and

are household names and Musk changed the name Tesla Motors to Tesla Inc. In 2020, the budget-friendly-ish

surpassed the

to become the best-selling EV of all time.

As of late 2022, Tesla remains the undisputed king of EVs, having sold over three million vehicles worldwide.

MORE:

Car loan for Tesla 2022

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