Marquee Finance by Sagar

Marquee Finance by Sagar

The Emperor Has No Clothes!

Sagar Singh Setia's avatar
Sagar Singh Setia
Nov 18, 2022
∙ Paid

“Good Decisions come from experience. Experience comes from making bad decisions.”- Mark Twain.

The world’s most valuable automaker today, Tesla, was on the verge of bankruptcy in 2008. Merely three days from bankruptcy filing, Elon Musk could have lost all his fortune as he invested all his money into Tesla.

However, there was a twist, and fortunately, Tesla obtained funding on Christmas eve, and it came back from the clutches of bankruptcy.

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Fast forward to 2018, and Musk was again a month away from giving up as Model 3 production was way sluggish than anticipated, and a price tag of “just” $35,000 failed to entice buyers into the EV world.

Nevertheless, the pandemic transformed the world upside down for Tesla and Musk, and utilising Twitter as the platform, “mischievous” Musk using his “hilarious” memes, made Tesla into one of the biggest brands and largest EV makers, complemented w…

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