According to a book about Elon Musk, written by the US tech journalist Ashlee Vance, Musk in March 2013 would have an informal agreement reached with Google to sell Tesla at the tech giant. Reason for the sale, the financial problems of the manufacturer and the teething where the first model faced with. After the sell Tesla suddenly rose sharply decided to abandon Musk sales and withdrew.
If the information is correct Vance would Musk personally with Larry Page, CEO of Google, a agreement reached in which Google would take over the carmaker. In addition, it was agreed that Musk eight years could stay on to lead Tesla and that Google would invest five billion in new factories for Tesla. Both points would have agreed Page plus acquisition of reportedly $ 6 billion.
The lawyers of both companies then began the process to draft contract that the acquisition could be sealed. For this to be too different points negotiated. So wild Musk example that Google would not split the company or cancel before the third generation of cars appeared. Before all the details were negotiated and there was an agreement Musk decided to withdraw from the sale.
Tesla was because suddenly start selling thousands of cars and that the company delivered its first substantial profit. With that money Musk could improve the position of the company by paying off loans. Musk had done everything to customers who had bought a car to maintain, even when there were all sorts of teething problems to light. He had to call each client personally to persuade them to buy the car yet. He might even have promised to refund dissatisfied customers out of pocket if they car after delivery still found disappointing.
Meanwhile, this story behind us and the value of Tesla as success increased substantially. The company now has a market value of about 26 billion dollars.
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