In a 2008 video, Elon Musk talks about Tesla and more.
A video from 13 years ago in which Elon Musk explains why Tesla cars are so expensive has reappeared on the internet and is currently going viral on Twitter. Elon Musk’s Tesla is today considered one of the world’s most valuable car businesses – but this was not always the case. In 2008 – what Mr. Musk earlier said the “worst year” of his life was Tesla losing money.
According to Space.com, the CEO of SpaceX and Tesla Motors said in an interview with Scott Pelley, a 60-minute correspondent, that his Falcon 1 rocket failed, while the Tesla Roadster, a two-seater sports car, quickly lost money has. At the time, Mr Musk himself was in debt.
“To save Tesla, Musk needed millions of investors. His fortune was gone,” he said. Pelley said.
At the end of this year, 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 Tesla’s electric cars.
A video of the December 2008 event went viral after it was shared on Twitter by Tesla Owners of Silicon Valley yesterday. “When someone buys a Tesla Roadster sports car … every penny that Tesla makes goes into the development of a smaller, cheaper vehicle,” says Mr. Musk in the video. He further criticized that Tesla’s expensive electric vehicles are only ‘toys for rich people’ and do not help the environment, and explained that it takes time to optimize new technology.
.@elonmusk discussed electric vehicles in 2008 because tesla had almost cash. pic.twitter.com/q41Tw9bfx9
– Tesla Owners Of Silicon Valley (@teslaownersSV) 22 February 2021
The video garnered more than 2.2 million views on the microblogging platform, along with thousands of likes and retweets.
“My restaurants struggle to stay open, but if you have vision and you refuse to stay down, it’s videos like that that push me harder. Okay, Elon. Never stop believing,” one person wrote in the comments section.
“The greatest entrepreneur of our time,” another remarked.
You can see the full presentation here.
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