Mercedes sold its Tesla stake for $780 million. that same 4 percent is worth about $56 billion today. in the clip below Musk explains how Mercedes ended up there. the US government gave Tesla almost $500 million, and he is asked directly whether that loan saved the company. he says no. what saved it was a $50 million check from Daimler in May 2009. all of Tesla was worth $550 million then. "they were the only ones. there was no other company, no other entity of any kind from which we could get investments." Tesla repaid the government's $500 million with interest and a prepayment penalty, ten years early. he sent a thank you note with it. "i don't like having a lot of debt. the taxpayers supported Tesla, we ought to repay them as soon as we can." Mercedes turned $50 million into $780 million and walked away in 2014. so was that a great investment - or the most expensive mistake in car industry history?

$SPCX is in talks to secure at least 80,000 U.S. cell sites as Elon Musk looks to turn Starlink Mobile into a 4th nationwide wireless carrier. Combined with its growing satellite network and recently acquired spectrum, those sites could give SpaceX the ground coverage needed to compete directly with $T, $VZ and $TMUS.