It's no secret that Tesla's chief executive officer Elon Musk is experiencing some difficulties right now. From the messy divorce to reports that he's broke, Musk has recently made headlines for all the wrong reasons. That's precisely why Tesla Motors hope to distance itself from the CEO as it moves ever closer to its IPO.
- Eric Loveday
- Jun 4, 2010
- Dan Roth
- Jun 2, 2010
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- Sam Abuelsamid
- May 30, 2010
Diving into an extremely competitive and capital-intensive business in which customers generally don't appreciate having access to beta products is not a good way to enhance your personal fortune. In fact, if Elon Musk is being honest in the latest court filings related to his divorce proceedings, it looks like a great way to vaporize a fortune.
- Sebastian Blanco
- May 30, 2010
Can a broke man buy a $125,000 Tesla Roadster Sport? He probably can if he's Elon Musk, the CEO of Tesla Motors who recently wrote in legal documents that, "I ran out of cash." What running out of cash means for a person like Musk (who it looks like still spends around $200,000 a month) and the rest of us is a matter for another day, but it is apparent that Musk, who is going through divorce proceedings, doesn't have as much money as he used to.
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