Elon Put $55 million of His Own Money To Tesla in 2008

Lesley Stahl:
How much did you put into this company?

Elon Musk:
Oh, man.

Don't tell me you don't know.

No, I do, it's about $55 million.

$55 million of your own money?

Yeah, it's a lot more than I expected.

How much more has the project cost than you thought it was going to cost?

Probably. Probably twice as much, I think.
Yes, thereabouts.

Are you okay with that?

Well, I I'm not exactly. I mean, I really wish it would cost what I thought it would cost.

Does your stomach churn? You had some stomach churning moments. No question. Over the money.

But. Yeah. And delays and, you know, not getting it done.

The path to innovation is paved with unexpected costs, but it's the perseverance through these challenges that defines true success.

Source: 60 Minutes 2008

[suzannederringer]

Elon is always so frank, so honest. The interviewers don't always deserve that.

[AnnaWei-zu]

& every penny was worth it, Thank you, Elon! Perseverance, Focus & Hard Work is paying off! 👍💪🎉

[MrGene]

Anybody that doesn’t cheer this guy on and support the things he does……….is not American. 🇺🇸 👏

[videowilliams]

That "journalist" smiles with all the warmth of a crocodile.

[supereasygardeningwithgran]

Why do reporters act this way? Elon seems like such an open book, already so vulnerable. This is not necessary.

[thomaspennfenn]

👍 Elon 👍 HIS MONEY 👍and not like politicians who rob TAX PAYERS

[billbruno]

I will never watch Stahl or 60 minutes again after what sh did to trump

[Heath-qu]

I'm sweating buying a 2003 Dodge Dakota, with 150, 000 miles for 1, 300 bucks.

[SheilaKurban]

Have to love him for his honesty, heart, and his adventurous spirit. God bless him.❤❤

[TechniLogicalMind]

I was dwelling over doing interviews again. But the fact that Elon set an example of interviewing earnestly. Let's hope companies will hire the skilled Americans we DO have.

[isshinryu]

Does your stomach churn? Great interview.. does it hurt? Do want to vomit? Are you okay with that???

[ZackaryJoubert]

Which is a joke to him now. Buying companies at $44 BILLION 😂😂😂

[MsBernadines]

And you never looked back look at the success you have become congratulations Elon you deserve it🇬🇧💯🤩🌻

[charlenelove-gyos]

Poor Elon, so much hard work, so much money, stay healthy young man😊😊❤

[cryptidmysterious]

You can tell she sat there KNOWING he would fail. Oops. He didn't.

[alexdwifj]

Elon Musk is totally a different bred! Nobody in this world can come close and small minds simply create negatives about him who do not know how to pay themselves.Good luck!

[ComputerGeekOnTwoWheels]

People, people, people...Elon did not start the company. He came in to the picture after he invested $6.35 million and joined Tesla's Board of Directors and then contributed $30 million to become the Chairman of the Board. He bought is way up.

[superkeith]

Elon has never did people wrong yet now some people hate on him because they were told to by people who hate them just as much as they do Elon.

[TravatoG]

The MAIN REASON Elon is doing DOGE is because of the SENSELESS MEANINGLESS USLESS $$ EXPENSIVE 💰 🤑 💸 delays from the US Government. No business in America can move forward without being caught up in these outrageous USLESS $$ Expensive delays.
Thank you Elon.

[Jaleh-wn]

This is a private matter and not something for anyone else to question. Such inquiries are inappropriate. If I were in Elon Musk's position, I would respond similarly to how President Trump handled such situations.