Incorporated as Tesla Motors in July 2003 by Martin Eberhard and Marc Tarpenning
the founders were influenced to start the company after GM recalled all its EV1 electric cars in 2003 and then destroyed them.
Don't hear about them now...?
https://en.wikipedia.org/wiki/Tesla,_Inc.
>>17397403
Then this Guy shows up
Toyota GM have a plant they need to offload during the 2008 recession. Wa La
http://www.npr.org/templates/story/story.php?storyId=125229157
>>17397417
With the going price to build a North American auto plant averaging $1 billion, Tesla may have spent less than a third that much to buy, renovate and equip its factory. It paid $42 million for the plant in 2010, spent $17 million for some of its presses and machinery, and got other used equipment at a “fraction” of the original cost from parts suppliers including Tower Automotive,