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Tesla founder Elon Musk may be a several times over but he personifies the rather precarious of success in Silicon Valley, the line between goat and often blurs.

Speaking at a panel discussion in San Francisco, told the audience that his electric-car company had come a few days of bankruptcy at the end of 2008. missing a beat, he later plans to build battery-swapping for Tesla’s popular Model S and outlined his vision for self-driving

Within the next few months, will open a facility for car batteries rather than them at one of the company’s Supercharger Tesla demonstrated the idea in showing how an automated process remove and replace the car’s pack in 90 seconds.

We plan to that between L.A. and San to start off, and then see the customer interest is and what of people use that versus Musk said. We’re a late on that, because we got on a few other issues.

He also said the company introduce in the next couple of technology similar to Google’s car. But Musk noted the cars would not be fully

I think what we’ll is what we call ‘auto similar to what you have in an You still have a driver, but you reduce driver workload and improve safety and just it easier to go from one place to he said. I think we’ll some pretty exciting in terms of the auto-pilot capability in the couple of years from

But I think we’ll need just as we need pilots, for a long time in the future.

anyone would care anything Musk has to say seems given Tesla’s brush mortality six years ago. more striking, the 42-year-old actually thought Tesla and maker SpaceX — his famous creations — fail.


With Tesla, we had multiple experiences, he said. What are the of a car company succeeding? Pretty low. And in fact, at Tesla we within a few days of being

We closed the financing round at the end of in the last hour of the last day in it was possible to do that, which was 6 p.m. Christmas Eve, We would have gone a few days after Christmas.

So these were real calls.

Reports at the time Tesla was down to its last $9 But to be fair, many companies failure as the Great Recession to wreak havoc on the American in late 2008.

But Tesla has two electric-car models, bought a in Fremont, collected a spate of for the Model S, gone public and its stock price soar. survival no longer in question, can turn his attention to other

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