This may be the most important thing you read this year⦠Because itâs something that most members of the mainstream media arenât covering⦠And it could have a HUGE effect on your finances. [The Whale Capitals]( This may be the most important thing you read this year⦠Because itâs something that most members of the mainstream media arenât covering⦠And it could have a HUGE effect on your finances. There is [a little-known âblacklistâ that has 110 banks on itâ¦]( And if your bank is on this list, your entire life savings could be in danger. A famous banker has revealed the truth about whatâs happening⦠And heâs telling people to move their cash before January 31th hits⦠Because if they donât⦠Thereâs a chance theyâll lose EVERYTHING theyâve earned. [Click here to check if your bank is on this listâ¦and to find out what you should do if it is.]( Elon Musk took an active role within the company and oversaw Roadster product design at a detailed level, but was not deeply involved in day-to-day business operations.[19] The company's strategy was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts.[20] In February 2006, Musk led Tesla's Series B venture capital funding round of $13 million, which added Valor Equity Partners to the funding team.[21][16] Musk co-led the third, $40 million round in May 2006 which saw investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page, and former eBay President Jeff Skoll.[22] A fourth round worth $45 million in May 2007 brought the total private financing investment to over $105 million.[22] Tesla's first car, the Roadster, was officially revealed to the public on July 19, 2006, in Santa Monica, California, at a 350-person invitation-only event held in Barker Hangar at Santa Monica Airport.[23] In August 2007, Eberhard was asked by the board, led by Elon Musk, to step down as CEO.[24] Eberhard then took the title of "President of Technology" before ultimately leaving the company in January 2008. Co-founder Marc Tarpenning, who served as the Vice President of Electrical Engineering of the company, also left the company in January 2008.[25] In August 2007, Michael Marks was brought in as interim CEO, and in December 2007, Ze'ev Drori became CEO and President.[26] Musk succeeded Drori as CEO in October 2008.[26] In June 2009, Eberhard filed a lawsuit against Musk for allegedly forcing him out.[27] Tesla began production of the Roadster in 2008 inside the service bays of a former Chevrolet dealership in Menlo Park.[28][29] By January 2009, Tesla had raised $187 million and delivered 147 cars. Musk had contributed $70 million of his own money to the company.[30]In June 2009, Tesla was approved to receive $465 million in interest-bearing loans from the United States Department of Energy. The funding, part of the $8 billion Advanced Technology Vehicles Manufacturing Loan Program, supported the engineering and production of the Model S sedan, as well as the development of commercial powertrain technology.[31] Tesla repaid the loan in May 2013, with $12 million in interest.[32][33] [The Whale Capitals]( Polaris Advertising welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To ensure our emails continue reaching your inbox, please add our email address to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, [click unsubscribe](. To contact Us, call toll free Domestic/International: +1 (302) 499-2858 MonâFri, 9amâ5pm ET, or email us support@thewhalecapitals.com. 124 Broadkill Rd 4 Milton, DE 19968. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Polaris Advertising. © 2023 Polaris Advertising. All rights reserved.