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Mr Z

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Medial • 7h

After losing his $180 Million PayPal fortune... Elon was 3 weeks from bankruptcy. Then, he bet his last $6 Million on his cousin's dying startup. Here's how a family meeting saved him: In 2008, everything seemed lost for Elon Musk. SpaceX had failed three launches, Tesla was losing $10M monthly, and he was living on personal loans. Despite this, he risked his last funds on a bold idea: SolarCity. His cousins proposed making solar power affordable by leasing panels instead of selling them outright. It needed $6M to start, and Elon made the crazy decision to back it. By 2012, SolarCity was the top solar provider in the U.S., and in 2016, Tesla acquired it. Critics called it a bailout, but Elon had a bigger vision: a complete sustainable energy ecosystem with solar power, electric cars, and batteries. What seemed impossible became an energy revolution. The lesson? Betting on bold ideas can shape the future. If you like this one then follow for more valuable content.

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