Tesla Motors could be none existent right now if it wasn’t for a fifty million dollar investment provided by Daimler back in 2009. Tesla Motors confessed that themselves, stating that they were in a rut at the time(starting from 2007) and if it was not for that investment they would be history now. The company even had several near death experiences Tesla’s CEO Elon Musk revealed during an interview with Autoblog recently.
He also said that he has had to borrow money for rent to get through 2008 to early 2009. Musk said that the company is in a pretty good financial situation today with a couple hundred millions in reserve.
Thanks to Daimler’s kind hand we’re able to see Tesla do so well in the EV market and dominate the E-Miglia rally. Tesla is obviously very greatful to Daimler.