A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Elon Musk: ‘The credit for saving Tesla should go to Daimler’

Back in 2009, the plug-in vehicle world was surprised to learn that Daimler had invested $50 million in Tesla Motors. What we didn’t know at the time was that the money came deus ex machina style just before the EV startup reaper was about to knock. Turns out, Tesla’s financial situation was much worse back then than anyone realized.

AutoblogGreen recently spent an hour interviewing Tesla CEO Elon Musk, and when we asked about the money, Musk said, “The credit for saving Tesla should go to Daimler. It was the Daimler investment that saved Tesla in early 2009. … 2007 and 2008 were especially bad for us. … There were a couple of near-death situations.”


Leave a Reply