With so abundant of fund, no wonder Tesla can grow so fast. 
Lels what a lie.
With so much investment (US$ 150 millions), how come Tesla only end up with garage facility by 2009?
Founded as Tesla Motors, Tesla was incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning.[10] Eberhard and Tarpenning served as CEO and CFO, respectively.[11] Elon Musk stated that the AC Propulsion tzero also inspired the company's first vehicle, the Roadster.[12][13] Eberhard said he wanted to build "a car manufacturer that is also a technology company", with its core technologies as "the battery, the computer software, and the proprietary motor".[14]Ian Wright was Tesla's third employee, joining a few months later.[10] The three raised US$7.5 million in series A funding in February 2004 from various investors, including Elon Musk, who contributed the vast majority at $6.5 million.[10][15] Following the investment, Musk joined the company[11] and became chairman of the board of directors.[10] J. B. Straubel joined Tesla in May 2004.[10] A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows all five – Eberhard, Tarpenning, Wright, Musk and Straubel – to call themselves co-founders.[16]In February 2006, Musk led Tesla's Series B $13 million investment round which added Valor Equity Partners to the funding team.[19][15] Musk co-led the third, $40 million round in May 2006. This round included investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page, and former eBay President Jeff Skoll.[20] A fourth round worth $45 million in May 2007 brought the total private financing investment to over $105 million.[20] Prototypes of the Tesla's first car, the Roadster, were officially revealed to the public on July 19, 2006, in Santa Monica, California, at a 350-person invitation-only event held in Barker Hangar at Santa Monica Airport.[21]
They didn't even have a car factory until 2010.
The facility opened as the General Motors Fremont Assembly in 1962, and was later operated by NUMMI, a former GM–Toyota joint venture.[1] Tesla took ownership in 2010.Tesla Fremont Factory - Wikipedia
en.wikipedia.org
That means majority of USD150 millions goes into R&D.
That explain why Tesla rise so fast
cnevpost.com
BYD sold almost 450,000 cars in 2009. Please stop talking nonsense you are just making yourself look completely stupid.
View attachment 733028
You just swim in pure ignorance and waste people's time.
byd sold 24k ev vehicles in march (all models)
tesla sold 35k vehicles in march (all models)
for a company that worth nearly 1 tr dollars only sold 11k more cars more than byd in china is pathetic.
this. some people here don't realize how vulnerable tesla is.
Well,as I said Elon musk with Tesla dominating the world's EV car industry(which is a given since Tesla has a huge lead over its competitors while the others are merely followers) he will probably be the world's first ever trillionaire. I'm not even counting his other companies like Space X who is set to dominate the world's space industry by himself.
It seems Jack ma's issues with the CCP runs deeper. He was abit too critical of the government and some of its state owned champions which Xi jinping has been championing since he took power ( he wants a much larger and stronger state owned enterprises presence in the economy and industry) so challenging that narrative was like indirectly challenging the president himself publicly which is unacceptable in such a system. Jack ma went abit too far. It seems he thought that Xi wont go after his company, since prior to that other Chinese leaders didn't get involved much in private companies and their expansion/dominance. I guess Ma misjudged who he is dealing with. To this end, they just slapped the largest ever fine China has fined a company to Alibaba(not even apple despite her market abuses was fined such a huge amount lol).
LMAO.
