Tesla brings political pull, as well. A former Tesla board member, Steve Westly, is an Obama bundler who raised hundreds of thousands of dollars for the president in 2008 and for his 2012 re-election campaign. His Westly Group was also a financial supporter of Tesla Motors until Tesla went public in 2010, and Westly continues to back the company.
Tesla’s founder and CEO, Elon Musk, is a hearty political contributor who has primarily backed Democrats, including Obama. According to published reports, another Tesla investor is Nick Pritzker, a donor to Obama and a cousin of Penny Pritzker, the national finance chair of Obama’s 2008 campaign........"
[Penny Prktzker reportedly is helping to buy Obama's Hawaiian retirement estate.]
Forbes: “.........The largest investor in the company is noneother than Elon Musk, the CEO of both publicly held electric car maker Tesla Motors and still privately held rocket company SpaceX. He holds a 31.9% stake. Other large holders include venture firm Draper Fisher with 26.3%, Generation IM Climate Solutions Fund, with 7.5%, and Bay Area Equity Fund, with 7.4%. The filing notes that some insiders plan to sell shares in the IPO, but the filing does not specify the number of shares to be sold overall.”
I knew there must more reasons not to use PayPal other than a stupid way to pay bills!