“Even GM & Chrysler went bankrupt in 2009. Ford and Tesla are the only US car companies that have...

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“Even GM & Chrysler went bankrupt in 2009. Ford and Tesla are the only US car companies that have avoided bankruptcy.”

| Elon Musk
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#elonmusk #tesla #spacex #quotes #wisdom
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Follow me at @MuskUniversity
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Tesla was a tiny company at that point in time. They were hemorrhaging government grant and private investor money like crazy. They just turned a profit for the first time a couple years ago.

ROCKNROLLMODS
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You have to be relevant in 2009 to be apart of that conversation

Imhiimhi
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I guess it’s hard to go bankrupt when you have a sycophant customer base that will continue to thoughtlessly buy your products and sing your praises no matter how much you hike prices, break promises or release terrible products

sagehogan
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PS. As a former Disney world server IN 2009. GM WENT BANKRUPT TOOK THE BAIL OUT MONEY HELD A TWO WEEK CONFERENCE AT DISNEY WORLD WITH IT.

crystalreeder
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Thank goodness that’s a blessing’ Glad that you didn’t suffer Elon ! Maybe why some are jealous of you ? Just a thought 🤔🙏💜💜

leahwarrior
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There was a major market crash in 2009 and Tesla was barely into producing the failed roadster.
Let's see how long until Tesla joins GM and Chrysler.

DownTwisted
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While technically the company never went bankrupt, the owner, Henry Ford did declare bankruptcy twice. So I wouldn't actually call it never. If tesla would go bankrupt, then tesla 2 and finally number 3 would make it, would you still call it a never bankrupt company, seeing as the owner or ceo in this case never changed, I don't think so.

DragonBall
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Actually tesla profited from the car company collaps. Thats how they got their factory and lots of equipment cheap. .... and tesla did get help ( not gov) .
Its a good thing. Not complaining

CHMichael
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Tesla is still a very early starting company, trust me there's time 😂

Axdja
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With all of the gm parts on his ugly truck won't surprise me.😊

robertencarnacion
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The first Telsa came out in 2008 so they had no reason to go bankrupt at that point. They were even relevant yet

rgram