
In a 2008 video, Elon Musk talks about Tesla and more.
A 13-year-old video in which Elon Musk explains why Tesla cars are so expensive has resurfaced online and is currently going viral on Twitter. Elon Musk’s Tesla is today counted among the most valuable car companies in the world, but it wasn’t always like that. In 2008, which Musk has previously said was the “worst year” of his life, Tesla was losing money.
According to Space.com, the CEO of SpaceX and Tesla Motors told 60-minute correspondent Scott Pelley in an interview that his Falcon 1 rocket had crashed, while the Tesla Roadster, a two-seater sports car, was losing money quickly. At the time, Mr. Musk himself was in debt.
“To save Tesla, Musk needed millions of investors. His fortune was gone,” Pelley said.
It was later this year that Elon Musk stood in front of an audience of about 300 people from the film, television and music industry for an event hosted by The Hollywood Hill and talked about cars. Tesla electrics.
A video of the December 2008 event has gone viral after it was shared on Twitter yesterday by Tesla Silicon Valley owners. “Whenever someone buys a Tesla Roadster sports car … every penny Tesla makes goes into developing a smaller, lower-cost vehicle,” Musk says in the video. He also countered criticism that Tesla’s expensive electric vehicles are just “toys for rich people” and don’t really help the environment, explaining that new technology needs to be optimized.
.@elonmusk discussing electric vehicles in 2008, as Tesla had almost no money. pic.twitter.com/q41Tw9bfx9
– Tesla Owners Of Silicon Valley (@teslaownersSV) February 22, 2021
The video has garnered more than 2.2 million views on the microblogging platform, along with thousands of “likes” and retweets.
“My restaurants have a hard time staying open, but when you have vision and you refuse to be low, it’s videos like this that push me the most. All right, Elon. Never stop believing it,” one person wrote. in the comments section.
“The greatest businessman of our time,” remarked another.
You can see the full presentation here.
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