Both gained financial aid at a critical moment
Things changed when Steve Jobs came back to Apple in 1997. On the brink of bankruptcy, Jobs turned to his ‘old acquaintance' Bill Gates for help. Gates and Microsoft purchased $150 million of Apple stock.
Tesla almost collapsed in 2008 due to delays and rising costs. Dell came to the rescue by acquiring Everdream, of which Musk was the major shareholder, for $120.
Go to Forum >>0 Comment(s)