Jon Erlichman
@JonErlichman · Nov 3, 2020
On this day in 2008: Tesla secures $40 million loan to avoid bankruptcy
Today, it’s the most valuable automaker in the world.
Elon Musk
@elonmusk
That funding round completed 6pm on Christmas Eve in 2008. Last hour of last day possible, as investors were leaving town that night & we were 3 days away from bankruptcy. I put in all money I had, didn’t own a house & had to borrow money from friends to pay rent. Difficult time.
02:46 PM · November 3, 2020 · 0 views
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