{"id":11891,"date":"2024-04-16T06:05:35","date_gmt":"2024-04-16T05:05:35","guid":{"rendered":"https:\/\/www.ceoinfluencers.com\/?p=11891"},"modified":"2024-04-16T06:05:35","modified_gmt":"2024-04-16T05:05:35","slug":"did-elon-musk-create-the-first-electric-car","status":"publish","type":"post","link":"https:\/\/www.ceoinfluencers.com\/did-elon-musk-create-the-first-electric-car\/","title":{"rendered":"Did Elon Musk Create The First Electric Car"},"content":{"rendered":"
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Elon Musk has become synonymous with the development and innovation of electric cars. Indeed, in 2020, Musk was ranked 23rd<\/sup> on Forbes’ list of billionaires, underlining his contribution to the auto industry. But did Musk create the first electric car?<\/p>\n

The world’s first commercially available all electric car was the EV1<\/strong>, built by GM<\/a>. In 1996, the EV1 was released to the public, with nearly one thousand units leased. Despite many touting the EV1 as revolutionary, sales did not meet GM’s expectations and all models were later recalled and, in 2003, destroyed. <\/p>\n

However, it was not until 2006 that Musk truly broke into the electric car market, when he founded Tesla Motors<\/a>. Since then, Tesla has gone on to become the world’s leading electric car brand. In 2018, Tesla sold over 245,000 electric cars worldwide and invested an estimated $4.5 billion in electric car technology over the past five years. The success of Tesla, and Musk’s involvement, is likely what has led many to consider Musk as the creator of the first electric car.<\/p>\n

Indeed, some will point to the fact that Musk created the very first Tesla Roadster in 2006 and suggest that this was in fact the world’s first electric car. However, the EV1 was developed a decade prior. This is often seen as the main draw between Tesla and Musk’s involvement and the first electric car.<\/p>\n