Connect with us

News

What cars did Elon Musk drive before Tesla?

Published

on

Musk’s first car was a 1978 BMW 320i that he bought in 1994 for $1,400. It was a fixer upper according to the now Tesla CEO which he drove for two years. One day, he loaned it to a colleague who phoned a short time later to say one of the wheels had literally fallen off the car, leaving a deep gouge in the pavement. Musk junked the car.

The next car would be a 1967 Series I Jaguar XK-E inspired by a book on exotic cars which he received as a present at 17 years of age. The Jaguar caught his eye and he promised himself that one day he would buy one as soon as he could afford to. He and his brother Kimbal Musk had co-founded their first company called Zip2 at the time. When Musk received his first dividend check for $40,000 from the company, sure enough it went straight to buying a Jaguar. And why not? Enzo Ferrari once proclaimed the XX-E the most beautiful production car ever made.

“That one was like a bad girlfriend. It kept breaking down on me and causing me all sorts of trouble”, Musk once said.

Soon after, Elon would be catapulted to Silicon Valley stardom after cashing out of PayPal. What followed would be the purchase of the ultimate tech entrepreneur status symbol, the McLaren F1. “I had it for several years and I put 11,000 miles on it and I drove it from LA to San Francisco. I had it as a daily driver,” Musk said in a interview with Pando Daily.

Elon Musk bought a McLaren F1 in 2000

He would ultimately total the McLaren one day while driving with serial investor Peter Thiel to go chat up Michael Moritz, a venture capitalist with Sequoia Capital. “Peter said ‘so what can this do’ and like probably number one on the list of famous last words I said ‘watch this.’ So I floored it and did a lane change on Sand Hill,” a road in Menlo Park. In a heartbeat, the car went up an embankment, landed on its roof and tore all four wheels off the car. The F1 was a total loss. To make matters worse, the million dollar F1 wasn’t insured.

McLaren F1 after crash

Image credit: YouTube/Beijing Satellite TV via Business Insider

Following the purchases of a BMW M5 in 2007 and a Porsche 911 in 2012, the Tesla CEO would also buy the famous Lotus Esprit S1 used in the movie The Spy Who Loved Me. This would become the inspiration to Tesla’s James Bond easter egg found in the Model S and Model X.

Musk bought the movie prop in 2013 at an auction in London for $886,000. “It was amazing as a little kid in South Africa to watch James Bond in ‘The Spy Who Loved Me’ drive his Lotus Esprit off a pier, press a button and have it transform into a submarine underwater,” he told the Huffington Post.

Advertisement
-

“I was disappointed to learn that it can’t actually transform. What I’m going to do is upgrade it with a Tesla electric powertrain and try to make it transform for real,” he says. This would explain Elon’s tweet after a video surfaced showing a Model S driving through a flooded tunnel.

Elon Musk bought a Lotus Esprit S1

Image credit: AP/ Lefteris Pitarakis

However, the car that most directly influenced an actual Tesla automobile is the Audi Q7 SUV that Musk owns in present day. It was the inspiration for the falcon wing doors on the Model X. Musk says he wanted to make a car with doors that could open in tight spaces. He also wanted to be able to access the third row seats without folding the second row seats forward.

“The Audi Q7 is particularly horrendous,” he told Forbes during an interview in 2012. “Even in the best case scenario, you need to be a dwarf mountain climber to get into the back seat.”

Audi Q7

Image credit: Audi

That makes a total of 7 cars Elon Musk has owned and every one of them has been performance oriented. Maybe that’s where the fascination with Teslas that can scoot to 60 mph in under 3 seconds comes from.

Source: Business Insider

"I write about technology and the coming zero emissions revolution."

Advertisement
Comments

Elon Musk

Elon Musk gives his most telling Tesla-SpaceX merger conversation yet

Elon Musk hinted a Tesla-SpaceX merger could be coming, and Wall Street is taking notice.

Published

on

By

Elon Musk gave his clearest signal yet that Tesla and SpaceX could eventually combine, telling the All-In Summit in Los Angeles that the two companies’ deepening collaboration makes the question worth asking. Sawyer Merritt first surfaced the highlight on X Tuesday.

Asked directly why Tesla and SpaceX remain separate given how closely they already work together, Musk told hosts at the summit: “Great question there. With all this collaboration, on so many levels, who can imagine what action one might take when there’s so much close collaboration in so many areas.” SpaceX President Gwynne Shotwell, who joined Musk on stage, added that SpaceX personnel have already moved into xAI to fill leadership and engineering gaps, saying the businesses are integrating “faster than I thought,” though “not fully integrated yet,”

The comments landed on top of merger speculation that has been building on Wall Street for months. JPMorgan has called a tie-up “strategically coherent on paper,” pointing to overlapping ambitions in AI, robotics, energy, transportation and space. Jefferies went further, estimating Musk could retain roughly 55.3 percent voting control in a deal structured without a premium, a scenario that would still leave room for Tesla shareholders to come out ahead. On Kalshi, traders now put the odds of a merger before 2028 at 66 percent.

Tesla’s stake in SpaceX, still under one percent, traces back to its earlier investment in xAI, which converted to SpaceX equity after SpaceX absorbed the AI company. The two are also jointly building Terafab, a chip facility in Austin meant to serve both Tesla’s AI computing needs and SpaceX’s satellite ambitions. Wedbush analyst Dan Ives has stood by a 2027 merger timeline for months, and Cathie Wood’s ARK Invest recently floated a similar case, an idea Musk pushed back on directly at the time.

Another Tesla SpaceX merger prediction by ARK Invest has Elon Musk talking

Advertisement
-

The timing adds another layer. Tesla has scheduled an October 1 unveiling for its next generation Roadster at a venue near SpaceX’s McGregor, Texas test site, using the phrase “Go for launch” in its promotional material. Both stocks dipped roughly 2 percent Monday before recovering slightly in premarket trading Tuesday, with SpaceX shares up about 0.4 percent and Tesla essentially flat.

Musk stopped short of confirming anything is in motion. But unlike his past denials of a corporate restructuring, this response didn’t rule one out, and it came with Shotwell sitting next to him describing an integration that’s already underway.

Continue Reading

Elon Musk

Tesla Roadster unveiling is getting hyped up by Elon Musk

Published

on

tesla roadster
Credit: Petersen Auto Museum

The Tesla Roadster unveiling is getting hyped up by the company’s CEO Elon Musk, who has been a big reason the product has such high expectations due to delayed timelines and a constant need to make it even more insane than before.

Tesla announced on September 12 that it would officially unveil the Roadster in Waco, Texas, on October 1, ending years of patience for fans and reservation holders who have waited for the all-electric supercar to enter production since 2017.

Musk has said that this event will be well worth the wait on several occasions, and last year on the Joe Rogan Experience, he said that there should be a closing chapter to supercars- the end of cars that aren’t focused on safety.

He said:

“Whether it’s good or bad, it will be unforgettable. My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. I think if Peter wants a flying car, he should be able to buy one. I think it has a shot at being the most memorable product unveil ever. This is some crazy technology in this car. Let’s just put it this way: if you took all the James Bond cars and combined them, it’s crazier than that.”

Musk’s teases have continued, and now that the event is roughly two weeks away, it seems like Roadster is finally going to show up and blow some minds:

Advertisement
-

Tesla has definitely dragged out the development of the Roadster, but there is a good reason for it.

Tesla has been working on many other projects, most notably self-driving efforts to increase passenger safety, and those simply took priority over the Roadster, a low-volume, high-performance sports car that has a lightning-fast acceleration rate of 0-60 MPH in just 1.1 seconds, could potentially fly, and contributes very little to the company’s mission.

Advertisement
-

However, many people have the Roadster on pre-order through the referral program or with their own money, and it is time that Tesla delivers on that.

Continue Reading

Elon Musk

Elon Musk’s Boring Company has big plans for Las Vegas by year’s end

Elon Musk’s Boring Company says Vegas Loop stations will double by year end once again.

Published

on

By

the boring company's vegas loop entrance

The Boring Company says the Vegas Loop’s station count will double by the end of the year, tying the target to a hiring push for drivers and operations managers in Las Vegas. “Vegas Loop is getting bigger – the station count will double by end of year!” the company wrote in a post on X, attaching listings for a Loop driver and a senior Loop operations manager.

The number checks out against what’s already public, with the Vegas Loop currently running 14 operational stations, while the Boring Company’s own project page lists 28 as the target for the end of 2026.

Much of that growth is tied to tunnels that are already built and waiting on an opening date. A roughly two-mile dual tunnel system under Paradise Road, connecting Westgate to a planned station at 4744 Paradise Road, is expected to open in stages over the coming weeks, Las Vegas Convention and Visitors Authority chief executive Steve Hill told the Review-Journal last week. New stations at 4744 Paradise, Virgin Hotels Las Vegas, and the former Gordon Biersch site would come online with it, several of them built to speed up rides to Harry Reid International Airport ahead of Formula 1’s Las Vegas Grand Prix.

Clark County entitled Vegas Loop for 123 stations after approving 19 more in August, as Teslarati reported at the time. Entitlement and construction move at different speeds on this project, so county approval alone does not guarantee a station opens on any particular schedule.

Clark County approved 18 additional stations back in 2023, part of a plan that pushed the system’s target to 69 stations across 65 miles, doubling the network on paper for the first time. The target kept climbing after that, to roughly 93 stations by the end of that year and 104 by last year, before August’s vote pushed it to 123. This week’s announcement is the first time that doubling language has been attached to stations actually running rather than stations merely approved on a county map.

Ridership gives some sense of what a denser network could carry. Boring Company executive Mike Baier said in July that the Vegas Loop already moves around 40,000 passengers on busy convention days, a total that tops most light rail systems in the country despite the system running on a fraction of its planned tunnel mileage. Company leadership has projected ridership could triple or quadruple once the airport connector tunnels fully open.

Advertisement
-

Boring Company did not say which stations beyond those already under construction would open by year end, or whether the hiring push points to a fleet expansion alongside the new stops.

Continue Reading