How Elon Musk Took Tesla To Hell And Back With The Model 3 | CNBC Documentary
CNBC CNBC
3.42M subscribers
2,877,581 views
0

 Published On Feb 22, 2020

In 2003, a Silicon Valley startup called Tesla Motors came up with an ambitious plan that would transform the auto industry. Founders Martin Eberhard and Marc Tarpenning set out to redefine the electric car. Cars that everyone would want— affordable, environmentally friendly and fast. Their master plan started with a low volume of expensive but alluring electric sports cars.

In 2004, well-known entrepreneur and SpaceX CEO Elon Musk invested millions of his own money and eventually became CEO. In less than 10 years, Tesla released the groundbreaking Roadster, Model S and Model X, all paving the way for its first affordable electric car, the Model 3. By 2016, Musk and Tesla looked unstoppable.

Over the next year, the company struggled to simply make cars. Tesla was plagued by manufacturing woes, financial losses, a controversial SolarCity acquisition and volatile decision making from its CEO. On top of that, some say Elon Musk was distracted by other projects like the Boring Company and Hyperloop One, was scrutinized for smoking pot on the Joe Rogan Experience, and tweeting that he was taking Tesla private for $420, which led to a SEC lawsuit.

Elon Musk says growing Tesla from the Roadster to Model 3 was a “hell of a ride,” and he took Wall Street along with him. Here’s the wild story of how Tesla started an EV revolution.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC
#Tesla

How Elon Musk Took Tesla To Hell And Back With The Model 3

show more

Share/Embed