logo

Is Elon Musk the founder of Tesla?

By Tom Kertscher
NO

Tesla Inc. was founded in 2003 by entrepreneurs Martin Eberhard and Marc Tarpenning, according to several sources, including Britannica, TheStreet.com, CNN and Benzinga financial news service.

A Sept. 18, 2023, post on Facebook's Politics Wisconsin page shared an image that said Elon Musk was not a founder.

The Austin, Texas-based company, best known for manufacturing Tesla electric vehicles, calls Musk a co-founder. Beginning in 2004, he was a major investor and served as the company chair. He has been CEO since 2008.

Bank of America said in June that Tesla’s share of the electric vehicle market was 62% in 2022, but predicted it would drop to 18% by 2026.

This fact brief is responsive to conversations such as this one.
ABOUT THE CONTRIBUTOR
Wisconsin Watch, the news arm of the nonpartisan, nonprofit Wisconsin Center for Investigative Journalism, increases the quality and quantity of investigative reporting in Wisconsin, while training current and future investigative journalists. Its work fosters an informed citizenry and strengthens democracy.
FACT BRIEF BY
facebook
twitter
email
email