Musk posts receipts on Tesla founding: $6.5M of his own money in 2004 Series A

elonmusk · x · 2026-11-10

Elon Musk pushed back on the "Musk didn't found Tesla" narrative with a detailed timeline: in Feb 2004 he personally wrote $6.5M of the $7.5M Series A and took the chairman seat; led the Feb 2005 round; co-led the $40M May 2006 round that brought in Larry Page and Sergey Brin; published the Secret Tesla Motors Master Plan in Aug 2006; and had put in $70M of his own money by Jan 2009 per Bloomberg. He also quotes CNBC's 2018 line — "Though Musk didn't found Tesla, his DNA is very much a part of the company" — noting the same article calls him an original investor, 2004 chairman, and CEO from 2008.

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