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Main article Tesla Roadster (first generation) Elon Musk took an active role within t - luxurystorecc1 - 08-15-2025
Main article Tesla Roadster (first generation)
Elon Musk took an active role within the company, but was not deeply involved in day-to-day business operations.[16] The company's strategy was to start with a premium sports car aimed at early adopters and then move into more mainstream vehicles, including sedans and affordable compacts.
In February 2006, Musk led Tesla's Series B venture capital funding round of $13 million, which added Valor Equity Partners to the funding team.[18][13] Musk co-led the third, $40 million round in May 2006 which saw investment from prominent entrepreneurs including Google co-founders Sergey Brin and Larry Page, and former eBay president Jeff Skoll.[19] A fourth round worth $45 million in May 2007 brought the total private financing investment to over $105 million.
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