Google Almost Bought Tesla But Elon Musk Called the Deal Off

April 20, 2015 3:38 PM

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Google Almost Bought Tesla But Elon Musk Called the Deal Off

Tesla Motors is flying high these days, with a backlog of orders for its Model S electric car and a stock price above $200. But two years ago, the company was reportedly in such dire straits that it was nearly sold to Google.

An excerpt of an upcoming biography of Tesla CEO Elon Musk published by Bloomberg explains that Musk was on the verge of selling his unprofitable electric car company to Google early in 2013. Musk and Google CEO Larry Page are old friends, and Musk was able to work out some very favorable terms for ...

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