Musk also claimed that “there have not been new car [brands] that have been successful for 100 years, apart from Tesla.”
Some automotive brands that were founded in the last 100 years:
Chrysler (1924) Volvo (1927) BMW (1928) Datsun/Nissan (1931/1933) Fiat (1932) Toyota (1936) Volkswagen (1937) Jeep (1943) Land Rover (1948) Honda (1963)
At least he didn’t pay 44 billion dollars to acquire it before killing it. Looks like he learned something from the last.
He bought Tesla for $6.5 million.