Google Almost Bought A Near-Bankrupt Tesla In 2013
With his electric car company on the verge of bankruptcy, Elon Musk turned to Google and very nearly sold Tesla.
In early 2013, Tesla was near bankruptcy. Founder Elon Musk turned to his friend Larry Page, cofounder and CEO of Google, to buy out Tesla. The deal went past handshake territory and both company's lawyers drafted up negotiations, but somewhere along the way, the deal fell through. By May 2013, Tesla had turned everything around and posted its first quarterly profit. A report in Bloomberg today reveals just how close Musk came to selling Tesla to Google.
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