![]() ![]() The others all seem to remember that Eberhard was always the CEO. In fact, after much drama between the co-founders, they all asked Musk to select the CEO moving forward… well that’s how Musk remembers it anyways. In the early stages of the company, Musk was listed as the chairman of the board, not as CEO. Eberhard, Marks, Drori, and Muskįirst, let’s understand how Musk came to be the CEO of Tesla. In light of this, many have criticized Musk for not actually founding the company, and more seriously, just being a figurehead for “other” more talented people who did all the “real work” of designing the cars and technology. With his current trajectory, Musk will likely go down as one of the most influential and controversial CEOs of our time, along with names like Steve Jobs and Bill Gates. How is Elon Musk the CEO now?Īs far as CEOs go, Elon Musk is among the most famous of them all. Technically, Martin Eberhard and Marc Tarpenning were the original founders of the company, with Wright, Musk, and Straubel being named as co-founders many years later. Musk became the largest investor in the company with an initial investment of $6.5 million, subsequently being added as the chairman of the board of directors.Īfter a lawsuit in 2009, however, the official titles of Eberhard, Tarpenning, Wright, Musk, and Straubel (a man added to the team in May of 2004) were all changed to co-founder. In January of 2004, the three employees began looking for investors to fund their vision for a high-performance EV, ultimately leading them to connect with the man whose name is now synonymous with Tesla, Elon Musk. Soon after the two founded Tesla, they met Ian Wright a few months later who was then added to the team. Once the founders dreamt up the idea to release a high-performance and efficient vehicle, the vision was set. The two decided to start the company after seeing General Motors recall their first EV, the EV1 in 2003 and subsequently destroy them. Martin Eberhard and Marc Tarpenning were both the first employees and founders of the company, holding the titles of CEO and CFO, respectively. Well, we’ve actually already met the two original founders of Tesla Motors, Inc. Martin Eberhard, former CEO of Tesla Motors. Still, that begs the question: who was? Who founded Tesla? What does that mean? Elon Musk wasn’t actually the founder of Tesla, contrary to what many believe. The primary investor during this series A influx of cash? A man named Elon Musk invested $6.5 million of the $7.5 million received during this phase. Soon after its founding, in February 2004, Tesla raised over $7 million in series A funding. “a car manufacturer that is also a technology company”, with its core technologies as “the battery, the computer software, and the proprietary motor”. When it was initially founded, it was incorporated under the name Tesla Motors, Inc., although this has since been changed simply to Tesla, Inc to better reflect the pursuits of the company.Īt its founding, Tesla only had 2 employees, Martin Eberhard and Marc Tarpenning. In only a few more months, Tesla will have officially been founded for 20 years, although things have changed quite a bit since its inception. Tesla was originally founded in July 2003 under the company name Tesla Motors Inc. You may know who the CEO is now, but the early years of the company looked quite a bit different! When was Tesla founded? Today, we are going to take a look at Tesla’s history, particularly that surrounding its inception. In the span of a few years, Tesla has skyrocketed and become so (in)famous that even teenagers were talking about “investing” while dipping their dino nuggets in honey mustard. Most people have at least heard of Tesla, even if they don’t find themselves in the market for a new EV or looking to invest in a new startup. Tesla is the new kid on the block when it comes to producing electric vehicles (EVs). ![]()
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