Mush didn't found Tesla. He bought it later and put in the contract that he was able to call himself a founder
this post was submitted on 17 Dec 2023
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Or it could be said that he found Tesla in the "finders keepers" sense.
My brain now can't unsee how stupid the word Founded looks next to found.
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And this isn't even right, 2 people founded Tesla the other 3 are investors....
Excuse me, but one of the conditions of Elon's investment was that they pretend he was a founder and refer to him as such!
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Tesla only had two founders, Martin Eberhard and Marc Tarpenning. They even write that in the first paragraph. Especially Elon Musk pretty much bought himself the title co-founder despite joining much later. This is just Elon fanboyism.
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Yes. That is what happens when you sell the majority of your business.
the world’s most valuable automotive company.
Lol no.
I don't like ~~Tesla~~ Elon.
But they are literally the most valuable automotive company.
As of right now, their market cap is $794.33 billion.
Yeah I was a bit surprised. Seems quite clearly over-valued.
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"Unlucky cofounders" - the lowest net worth of any of them is 7 million. Ian's not doing half bad considering most people will work their entire lives and not get a net worth even half of his.
The next one up has a net worth of 200 million.
I was never interested in following up claims that Musk was not a founder, but to the extent this article is fair, I’d say he earned the title of founder as well as being the wealthiest. Maybe he was the only one who could afford to go all in on Tesla, but the fact is he went all in on Tesla and put arguably the most into building it into a car manufacturer
And they all look extremely rich to me. Even the “poorest” of the group made $7M for one year
7 million is "retiring doctor" or "retiring Google engineer" rich.
It's generally considered safe to withdraw 4% of your nest egg the first year, and adjust that for inflation moving forwards. $7 million can sustain a $280k/year retirement. That's certainly rich, but there's a world of difference between that and a billionaire. A billionaire can safely spend $40 million a year.
“I made this!”
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