Elon Musk, co-founder and CEO of Tesla, revealed today the purchase price of the domain name Tesla.com. He paid $11 million to buy Tesla.com in February 2016 from its previous owner. The purchase price was not known until today.
Now that Mr. Musk has publicly discussed the acquisition, it would be great if the Tesla Investor Relations team clarified the purchase price component a bit. It would likely be one of the largest domain name sales of all time.
The domain name Tesla.com was owned by a Stuart Grossman of California since at least the year 2002 and possibly since 1992.
Tesla had been using the domain name TeslaMotors.com before the purchase of Tesla.com.
At first Elon Musk replied to a tweet by “60 Minutes” before revealing the $11 million purchase price:
He then said that “Buying http://Tesla.com took over a decade, $11M & amazing amount of effort. Didn’t like https://www.tesla.com/ even when we were only making (cars).”
Late last night on Twitter, CEO Elon Musk commented about what it took to finally acquire the Tesla.com domain name:
Elon Musk also talked about some some trademark problems he had back in 2004: