He has not disclosed the exact amount, but states it was a good amount, enough to take him off the list of top shareholders of Tesla. As of January 9, 2023, Marc Tarpenning's net worth is $5 Million. The electric car brand was founded as Tesla Motors in July 2003 by Martin Eberhard and Marc Tarpenning. He made money after selling NuvoMedia for $187 million. - Age The engineer is 60 years old as of 15 May 2020. However, within 24 hours, the price had risen by 41%, closing at $23.39 on. The couple completed all of the preliminary research to create a plausible presentation for possible funders and partners. Jump into read his life Facts, Wikipedia and biographies Details Ken Goldstein Biography Wiki According to the wiki and biography of Ken Goldstein was born on 24 June 1969 in United States, Read More Ken Goldstein Wiki, Bio, Age, Wife, Net WorthContinue, Lorenzo Fertitta is a 53-years-old American Businessperson from the United States of America. . According to our Database, He has no children. By swapping the battery, they were able to overcome the TZeros various constraints. Eberhard, meanwhile, sold much of his stake after being pushed out of Tesla in 2007, before the Roadsters launch. At the beginning of the year, the Twitter owner's net worth was USD 137 billion. However, he has confirmed himself that he is not a billionaire. [3], After graduating from Berkeley, Tarpenning spent several years working for Textron in Saudi Arabia. Based on their experience as IT professionals, the pair proposed replacing the battery after making their assessment. Marc Tarpenning is a 57-years-old American Businessperson from the United States of America. Your email address will not be published. He asked a number of reasonable questions, expressed a few of his own thoughts, and then assured Tarpenning and Eberhard that he was on board. Disclamer: Marc Tarpenning net worth displayed here are calculated based on a combination social factors. And he certainly didnt wind up as the wealthiest person in history. - Tesla shares He has 1.06M shares in Tesla IPO. He described Eberhard as literally the worst person Ive ever worked with in a January 2020 interview for the Third Row Tesla podcast, hosted by Musk fans. Get in touch anytime via me@marctarpenning.com. How much does Marc Tarpenning earn in a year? He sold his investment years ago and could never have imagined the company being valued at $1 trillion. He later entered University of California, Berkeley and obtained a B.S degree in computer science in 1985. Tarpenning stepped down in 2008 when the Model S car was still in development. View popular celebrities life details, birth signs and real ages. Previously, he co-founded NuvoMedia with Martin Eberhard, which was sold for $187 million in 2003. Worse than that, I had no possibility of employment for about a year because of a restrictive intellectual property agreement with Tesla, he says. In 2004, Musk became the largest shareholder of the company by investing a gigantic amount of USD 6.5 million . Laser Tattoo Removal Benefits: What Are They? ", "Martin Eberhard and Marc Tarpenning | American entrepreneurs", "Berkeley Innovators Series: Marc Tarpenning, Co-Founder of Tesla Motors", "Tesla co-founder Marc Tarpenning joins Pierre Omidyar's Spero Ventures", https://en.wikipedia.org/w/index.php?title=Marc_Tarpenning&oldid=1124888627, This page was last edited on 1 December 2022, at 01:36. Wiki, Biography, Age, Family, Twitter, Instagram, Who is Veronica Merritt? Engineer Wright, who joined Eberhard and Tarpenning a few months after they created Tesla, left in 2004 to start another EV company. his estimatednet worthis $1 Million to $5 Million Approx. Marc Tarpenning is last known to have been working for Spero Ventures as a partner in Silicon Valley, and receives a salary as well as distributions from the company. Until 2008, Tarpenning worked at Tesla as the Chief Financial Officer and Vice President of Electrical Engineering. Its also my guiding principle as an investor: I want to help entrepreneurs bring about radical change in old industries by creating sustainable products and experiences that are significantly better than the old way of doing things. Eberhard led the lawsuit against Elon Musk in 2009. Tesla filed for an IPO, or initial public offering, in June 2010. We will update soon. Marc Tarpenning Wife He is a married man. Im now with Spero Ventures, an early-stage VC in pursuit of sustainable abundance. Discover today's celebrity birthdays and explore famous people who share your birthday. Advertising Disclosure: This post may contain affiliate links from our partners, which means that we may receive a small commission if you sign up via these links. Lizzy Caplan Bio, Age, Husband, Net Worth, Inside Job, Castle Rock, Movies, Tisha Campbell Bio, Age, Husband, Children, Uncoupled, Net, Movies, Cassi Davis Bio, Age, Family, Boyfriend, Net Worth, Movies, TV Shows. Long chats about economics, nature, the government, and everything else that a pair of techy nerds enjoy discussing dominated their early days of acquaintance. Notice : We do not accept blogs that has discrimination, porn, casino or illegal related content. [5] [8] [9] [10] Early life [ edit] Marc Tarpenning (born June 1, 1964) is an American engineer and technology entrepreneur who is the co-founder of Tesla Inc. with Martin Eberhard in 2003. At the time Musk invested in the Series A round, and for a considerable amount of time afterward, there was a lot of uncertainty about the ability of the firm to execute its bold vision. Since leaving Tesla, I have been an entrepreneur in residence, consultant, mentor, speaker, and two-term publicly elected school board member. Of course I could not imagine a $1 trillion valuation!. In 1985, he began studying computer science and graduated from the University of California, Berkeley. Tarpenning went on to work for many firms, including Seagate Technology and Bechtel, developing software and firmware, and later serving as vice president of engineering at Packet Design, a network technology business. He left Tesla in 2008, around the same time the first CEO resigned. By contrast, Musk himself has shown far less restraint. He is an entrepreneur, co-founder of Tesla, and an American engineer. Marc Tarpenning (born June 1, 1964) is an American engineer and entrepreneur. . Tarpenning owned shares from the very beginning as Teslas co-founder. Marc Age, Height & Weight. So, how much is Marc Tarpenning worth at the age of 57 years old? During their study, Marc Tarpenning and Martin Eberhard came upon AC Propulsion, a small motor firm in Southern California. Marc Tarpenning served as Chief Financial Officer from the start and was eventually promoted to Vice President of Electrical Engineering. Marc Tarpenning's income source is mostly from being a successful Entrepreneur. While he was pleased with the companys present accomplishments and global success, it was no longer the environment he had envisioned. 11 . They created the company's first car, the Roadster, and were eventually ousted by the board of directors. GM CEO Rick Wagoner made the choice to say that the vehicle wasnt selling well enough. We do our best to keep offers up-to-date. Marc had served as the Chief Financial Officer (CFO) and subsequently the Vice President (of Electrical Engineering) of Tesla until 2008. Background Martin Forest Eberhard was born on May 15, 1960. If you like what were doing, consider supporting us by clicking. The electric car brand was founded as Tesla Motors in July 2003 by Martin Eberhard and Marc Tarpenning. Rocket e-books have a battery life of 17 to 33 hours and can hold up to ten volumes or 4,000 pages of graphics and textequal to ten novels. So, how much is Marc Tarpenning worth at the age of 58 years old? Unfortunately, we dont know if Marc Tarpenning grew up rich or poor as he has never divulged this information publicly. Eberhard served as Tesla's original chairman, and its CEO until late 2007. And when it got to the stage where they wanted to do business together, the duos views veered toward the expanding hype of mobile devices, notably battery efficiency. He is married to Carolyn Eberhard, and the couple has donated to the University of Illinois every year since 1984. - Let's look at history. Marc Tarpennings income source is mostly from being a successful Entrepreneur. According to our Database, He has no children. Textron is a $12 billion multinational corporation with a global network of companies in power sectors and innovative aviation, defense, and industrial technologies. I'm Marc Tarpenning, an engineer, serial co-founder (of NuvoMedia and Tesla, Inc ), and Venture Partner at Spero Ventures. Recognizing that oil is an environmental disaster and is mostly used for transportation, we set out to disrupt the car industry by building vehicles capable of running on a different fuel source. He was raised in Kensington, California, where he developed his passion for inventing and bringing his ideas to life. The devices surface had a 5 by 7.5 inch LCD screen that worked smoothly with a 4 MB flash memory and 2 MB of DRAM. He could fly home and visit his family in California on one of the rare occasions. In 1997, Tarpenning and Martin Eberhard founded NuvoMedia, a company that built an early e-book, the RocketBook, in 1998. Did Marc Tarpenning grow up rich or poor? his estimated net worth is $1 Million to $5 Million Approx; Martin Eberhard (born 1960/1961) is an American inventor, engineer and entrepreneur who co-founded Tesla, Inc. (then Tesla Motors) with Marc Tarpenning in 2003. It also secured Musk a seat on the companys board of directors. Tesla agreed to settle for an unknown figure, but this merely meant that the accusers earned a sizable payment. Thank You! Tesla Inc has had four CEOs from its inception to the current form of Tesla Motors. FUTURESTARR MEDIA LLC.,285 West Wieuca Road NE,PMB # 5191,Atlanta, GA, January 27, 2023     |    , August 08, 2022     |    , April 13, 2022     |    , February 27, 2022     |    , February 25, 2022     |    , February 21, 2022     |    , February 18, 2022     |    . Marc Tarpenning was born on 1 June, 1964 in Sacramento, California, United States, is an Entrepreneur, Engineer, Co-founder of Tesla. Tarpenning worked for Textron in Saudi Arabia for several years after graduating from Berkeley. . [5][10], After leaving Tesla, Tarpenning began to serve as an adviser or member of advisory board of several companies, including his alma mater (SkyDeck project, UC Berkeley)[3][12] and Spero Ventures, a VC firm. Tesla this month became the first carmaker to hit an astonishing $1 trillion valuation, but the CEO who introduced the company to the press 15 years ago didnt become synonymous with the brand. Marc primary income source is Entrepreneur. Martin Eberhard Tesla Ex-boss Net Worth, Education. Millions of dollars. Marc Tarpennings income source is mostly from being a successful Entrepreneur. The companys brash, tech-savvy CEO, Martin Eberhard, declared that Silicon Valley ingenuity would teach Detroits auto giants how to make compelling zero-emission cars. Marc Tarpenning's income source is mostly from being a successful Entrepreneur. Since the start of my career, Ive always followed one rule: find an interesting problem and come up with a solution that makes the world a better place. Quickly, I grew frustrated with carrying heavy books around the world and identified that as a viable problem to solve. In 2003, Tarpenning and Martin Eberhard collaborated again and founded Tesla Motors (now Tesla Inc.). His claim likely expanded after he was named Chief Financial Officer and Vice President of Electrical Engineering. in computer science in 1985. According to WeathyPersons, Eberhard has a net worth of around $500 million, which is a tiny fraction of Musk's $190 billion net worth. His net worth is closer to the $200 million mark. Wiki, Biography, Age, Family, TikTok, Instagram, Fernando Torres: A Biography of One of Spains Greatest Ever Strikers, lionel messi argentine footballer Biography, nambi narayanan indian engineer biography. Also learn how He earned most of networth at the age of 56 years old? His stake may be worth about $1.3 billion, assuming he retains a significant portion of Tesla stock held when he left. Entrepreneur, Engineer, Co-founder of Tesla. Elon Musk, JB Straubel, Martin Eberhard, Marc Tarpenning, Ian Wright: Number of Employees: 75000+ Company Type: For-Profit: Area served: United States of America and world: Products of Company: electric vehicle and clean energy company: Net Worth in 2021: $300 billion The ebooks were powered by lithium-ion batteries. He is not dating anyone. In 2000, Gemstar-TV Guide International acquired NuvoMedia for $187 million. Cofounder Steve Jobs Apple stake was worth an estimated $2 billion at the time of his death in 2011 and Steve Wozniaks wealth is an estimated $100 million, though Ronald Wayne, Apples little-known third cofounder, sold his stake early for $800, Hsu says. Marc primary income source is Entrepreneur. Had Eberhard been wealthier from the sale of the Rocket eBook, an early handheld electronic reader he and Tarpenning created in the late 1990s, there would have been no need to seek initial funding from Musk, he says. So first, lets take a look at some personal details of Marc, like name, nickname, and profession. Marc Tarpenning is a 57-years-old American Businessperson from the United States of America. Marc Tarpenning Height, Weight & Measurements, Entrepreneur, Engineer, Co-founder of Tesla. NuvoMedia was purchased for $187 million by GemstarTV Guide International in 2000. Tarpenning quit in 2008, just as Tesla was about to launch its flagship model, the Model S sedan. Regardless of their feelings about the worlds richest man, Teslas founders acknowledged that Elon saw the companys potential early on. Bye. He is a member of famous Entrepreneur with the age 58 years old group. Thats Elon Musk, of course, Teslas earliest investor and the companys current CEO. Electric car upstart Tesla gathered reporters at a Santa Monica Airport hangar on a July afternoon in 2006 to unveil its battery-powered roadster, an audacious, $100,000 two-seater for which few automotive experts saw much hope of success. It may not sound like much today, but it was a rather common device back then. Twitter: @BiographyScoop Ken Goldstein Wiki, Bio, Age, Wife, Net Worth, Lorenzo Fertitta Wiki, Bio, Age, Wife, Net Worth, Poppy King Wiki, Bio, Age, Husband, Net Worth, Kunwer Sachdev Wiki, Bio, Age, Wife, Net Worth, Paul Lindley Wiki, Bio, Age, Wife, Net Worth, Agatha Amata Wiki, Bio, Age, Husband, Net Worth. This enormous personal fortune also makes Coates the 403rd richest individual on the planet. Marc Tarpenning is a famous Entrepreneur, born on June 1, 1964 in United States. At 57 years old, Marc Tarpenning height not available right now. Tarpenning and Martin Eberhard formed NuvoMedia in 1997, a company that produced the RocketBook, an early electronic book, in 1998. Is the Stock Market in a Bubble? Since the start of my career, I've always followed one rule: find an interesting problem and come up with a solution that makes the world a better place. He co-founded Tesla Inc. (then Tesla Motors) with Martin Eberhard in 2003. Already have seller account.Login using seller details. His net worth has been growing significantly in 2021-2022. Martin Eberhard from 2003 to 2007, Michael Marcs as an interim in 2007, Zeev Drori from 2007 to 2008, and eventually Elon Musk from 2008 onwards. Hire a professional web designer for these 5 benefits. So, in this article, we discussed all information about Marc Tarpenning's net worth, wiki, bio, career, height, weight, family, pics, affairs, car, salary, age, and other details in 2022. Email: He began his work in Saudi Arabia with Textron, a global firm, shortly after obtaining his degree. He was born in 1960 in Berkeley, California, United States. Estimated Net Worth in 2019: $100K-$1M (Approx.) Please see our full disclaimer for more details. (Hes also preparing to sell 10% of his stake, worth about $15 billion as of Nov. 9, to avoid a massive tax hit as some long-term options mature. He is currently single. his estimatednet worthis $1 Million to $5 Million Approx. Straubel, currently CEO and cofounder of battery recycling startup Redwood Materials, declined to comment on the matter. Wanna follow Marc Tarpenning's net . The two co-founders funded the company until early 2004, when Elon Musk led the companys $6.5 million Series A financing round in February 2004 and became the Chairman of the Board. Despite being incredibly affluent, Marc Tarpennings net worth has kept him off the Forbes list of the worlds richest people, as well as the Bloomberg and Forbes billionaires lists. All information on this site should be used for informative and educational purposes only. In an interview, Eberhard says he retains a relatively small stake in the carmaker, while declining to be specific. Learn How rich is He in this year and how He spends money? They were able to create three sleek-looking electric cars that could only be characterized as vastly improved go-carts. Marc Free Time He has been an entrepreneur in residence, consultant, mentor, speaker, and two-term publicly elected school board member since leaving Tesla. Tesla was inspired by three factors: Eberhards passion for sports cars, a pair of engineers desire to make a significant influence on the world, and an excellent ambition from a tree-hugging-duo to discover a cheaper and more environmentally friendly way to power vehicles. He is from United States. He is from United States. Perhaps. If only the eviction were not so nasty. Tarpenning serves on the advisory board of Clearpath Robotics, a maker of autonomous vehicles. Whatever my opinion is about Musk, I am still super happy to see the electric car revolutionthat we after all startedI'd like to see that revolution winning. Ken Goldstein is a 52-years-old American Writer from the United States of America. We will update Marc Tarpennings Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Of the five official cofounders, only Straubel, who left Tesla in 2019, is likely to have attained billionaire status from his holdings. Learn more. degree in computer science in 1985. Musks rewards today simply flow from a risky early bet thats paid off big for him. her estimatednet worthis $1 Million to $5 Million Approx. Tarpenning and Martin Eberhard teamed up again in 2003 to form Tesla Motors. Outside of work, Im a deeply curious person whos always learning new things through conferences, meetups, books, and courses. More info can be found here. Jump into read his life Facts, Wikipedia and biographies Details Marc Tarpenning Biography - Wiki Its not only ownership stakes of cofounders; we could also point to cases of missing out by investors, including angel and VC investors, Hsu said. The two connected with Martin Eberhard and Marc Tarpenning, who founded Tesla in 2003 as a tribute to engineer Nikola Tesla and helped get the company into operation, joined by engineer Ian. Perhaps what they say about birds of the same feathers is true since the two instantly clicked. Get Yourself Outfitted With the Best Tactical Gear 101! He is a member of famous Entrepreneur with the age 57 years old group. He has a happy marriage. You have ended my our daay longg hunt! The vision he laid out that day ultimately came to pass, but not with him in charge. [9] He attended the University of California, Berkeley and obtained a B.A. 10 According to Forbes, Musk is currently the 3rd-richest person in the world, with a net worth of about $142.7 billion. Marc Tarpenning's income source is mostly from being a successful Entrepreneur. We know he profited from NuvoMedia after selling it for $187 million. There are claims online that his net worth is over a billion. I did not participate in any investment rounds after I left.. To use this feature please register as Seller. Marc Tarpenning's Net Worth: $1-5 Million. Instagram: biographyscoop. Im Marc Tarpenning, an engineer, serial co-founder (of NuvoMedia and Tesla, Inc), and Venture Partner at Spero Ventures. He co-founded Tesla Inc. (then Tesla Motors) with Martin Eberhard in 2003. Marc Tarpenning Net Worth His net worth has been growing significantly in 2020-2021. Eberhard made an investment in AC Propulsion just in time to keep them from going bankrupt. StackStashers provides its users with financial information. We have estimated Marc Tarpenning's net worth, money, salary, income, and assets. [3] In 2000, GemstarTV Guide International acquired NuvoMedia for $187 million. We will update Marc Tarpenning's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. The companys main product was the Rocket eBook. I was not.. He hired the business to construct a battery-powered automobile. Marc Tarpenning cofounded Tesla in 2003 with Martin Eberhard. When I got kicked out of Tesla I had no moneyI mean I really had no money, Eberhard says. Marc Tarpenning net worth is $1.5 billion as of the current year. Martin Eberhards passion for sports automobiles inspired the creation of Tesla Inc. During a CNBC interview in 2021, the two joked that Martins decision was also influenced by his recent divorce. Marc Tarpenning (born June 1, 1964) is an American engineer and technology entrepreneur who is the co-founder of Tesla Inc with Martin Eberhard in 2003. . According to the press, the popular silver coupe type was obliterated. I own no Tesla stock now, he tells Forbes. Ian Wright, an engineer who joined Tesla in its earliest days, left the company in 2004. As of 2023, Martin Eberhard has a net worth of $500 million. His claim probably grew after becoming Chief Financial Officer and VP of Electrical Engineering. He left the company in 2008. [5][8][9][10], Marc Tarpenning was born in Sacramento, California, on June 1, 1964. But there was one problem: they had no idea how to construct one. 76%. Citing a non-disparagement clause that was part of the 2009 settlement, Eberhard declines to elaborate on his views about Musk these days. Tarpenning was an engineer at the company for a few years. 544 Thousand. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Entrepreneur Marc Tarpenning's net worth is $1-5 Million at the age of 55 years old. He sued Musk in 2009 over his ouster and for slander, before settling the case for undisclosed terms. Eberhard was CEO for three years, and Marc Tarpenning was in charge of development. The engineer is 60 years old as of 15 May 2020. Marc Tarpenning met one of his good friends, Greg Renda, while still stationed in Saudi Arabia and working for Textron. Still, the companys original CEO, who owned somewhat less than 5% when he left Tesla, says hes not unhappy these days, despite not profiting more from its surge. Login access will be Emailed within 24hrs or less after purchase. Charles Butt Net Worth, Gay, Education, Age, Scholarship, Foundation, Martin Eberhard Tesla Ex-boss Net Worth, Education. Thats because of an early ownership stake of nearly 20% in the company and a long-term compensation plan announced in 2018 that rewards him with billions of dollars of additional Tesla stock every time it hits quarterly performance targets based on financial and valuation metrics. his estimatednet worthis $1 Million to $5 Million Approx. He is presently at Spero Ventures, an early-stage venture capital firm focused on long-term abundance. Musk's net worth now stands as USD 187 billion. He is a married man. Marc Tarpenning's net worth is estimated to be roughly $200 million in 2022. All the excitement about Tesla, but no mention of the prominent Elon Musk, which irritated the SpaceX founder. Please only use it for a guidance and Marc Tarpenning's actual income may vary a lot from the dollar amount shown above. He sold all his shares for a decent sum shortly after resigning from the company. But heres how he became one of the countrys wealthiest people despite being neither a businessman nor the heir to a wealthy family. SOURCE: CNBC. It was Musks seed capitalthe result of an early payday as a cofounder of payments processor PayPalthat turned Eberhard and Tarpennings vision into a reality. He is married to Carolyn Eberhard, the couple is the annual donors of the University of Illinois since 1984. We dont have much information about Hes past relationship and any previous engaged. He took up computer science in 1985 and graduated from the University of California, Berkeley. Celebz Net Worth - All Rights Reserved, EV1 Mass Recall Led to the Birth of Tesla, Marc Tarpenning and Martin Eberhard Resign from Tesla, How Elon Musk Became CEO and Top Shareholder of Tesla, Marc Tarpenning Net Worth Frequently Asked Questions. Tesla cofounder Martin Eberhard at a conference in New Delhi in February 2019. Net worth score. The result was the TZero, a short-range and severely constrained sports automobile powered by lead acid. You will have access to account for up to 24hrs. Marc Tarpenning still owns some Tesla stock, just as Tesla co-founder Martin Eberhard does, but they both had sold a good chunk of their shares relatively early on after having left the company. Tarpenning was a co-founder of Tesla from the outset. One of my first jobs involved constant travel to and from Saudi Arabia. his estimated net worth is $1 Million to $5 Million Approx. This happened during one of Elon Musks SpaceX experiments in which he used a Tesla Roadster as cargo. American technology entrepreneur (born 1964) Marc Tarpenning. In 2000, GemstarTV Guide International acquired NuvoMedia for $187 million. Marc would meet Martin Eberhard during that fateful visit. Marc Tarpenning net worth is $1.5 billion as of the current year. Marc Tarpenning and Martin Eberhard launched NuvoMedia Inc. in 1997. And if youre an entrepreneur building something awesome? He later entered University of California, Berkeley and obtained a B.S degree in computer science in 1985. Please Donate No Less than $20 to help keep our site up and running. Tesla, the firm formed by Marc and Martin, was incorporated in July 2003. Read newsletter archives here. She is the 52nd richest person in the tech industry, according to Forbes, with a net worth of $3.5 billion. Discover Marc Tarpenning's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. He is an American engineer and businessman known for developing the Rocket e-book, founding NuVoMedia and Tesla Inc. Tarpenning started working as an adviser or member of the advisory board of many companies after leaving Tesla, including his alma mater and Spero Ventures, a venture capital company. Tesla needs Elon Musks money and power to take off officially in 2004. Jump into read his life Facts, Wikipedia and biographies Details Kunwer Sachdev Biography Wiki According to the wiki and biography of Kunwer Sachdev was born on 16 November 1962 in India. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. He left the company in 2008. Until 2008, Marc was the Chief Financial Officer (CFO) and Vice President of Tesla. Eberhard wont provide details of his Tesla stake, but he confirms hes not a billionaire. [9] In 1997, Tarpenning and Martin Eberhard founded NuvoMedia, a company that built an early e-book reader, the RocketBook, in 1998. Jamie Siminoff Net Worth [A Shark Tank Rejects Success Story], Nile Niami Net Worth [Builder Of The $500 Million House], Erealist Da Comedian (Jack Gang) Net Worth, Martin Eberhards Net Worth [Did Tesla Make Him A Billionaire? Tesla, according to Marc Tarpenning, was no longer enjoyable. It piqued the worlds curiosity since it was a truly electric and incredibly attractive sports car, as opposed to the little, drab-looking, battery-powered automobiles that had been sitting on the Marcet for years. Marc Tarpenning is 58 years old. He sold his stake years ago. In 2003, Tarpenning and Martin Eberhard collaborated again and founded Tesla Motors (now Tesla Inc.). Marc Tarpenning Net Worth. In 1997, Tarpenning and Martin Eberhard founded NuvoMedia, a company that built an early e-book, the RocketBook, in 1998. In 2006, Tesla unveiled the Roadster, the companys first prototype. The Marc Tarpenning Estimated Net worth is $80K USD $85k. Marc Tarpenning (born June 1, 1964) is an American engineer and technology entrepreneur who is the co-founder of Tesla Inc. with Martin Eberhard in 2003. People somehow have the idea that I was a zillionaire when I started Tesla. The two co-founders funded the company until early 2004, when Elon Musk led the company's $6.5 million Series A financing round in February 2004 and became the chairman of the board. Marc Tarpenning was born on 1 June, 1964 in Sacramento, California, United States, is an Entrepreneur, Engineer, Co-founder of Tesla. The 2009 lawsuit against Elon Musk was led by Eberhard. Their success with NuvoMedia was no small feat, but the couple intended their next venture to be more mission-driven and more relevant to the changing industry. Marc Tarpenning was born on June 1st, 1964, in Sacramento, California. Teslas original CEO, Eberhard, and another early executive named Marc Tarpenning, who in 2003 dreamed up the idea of naming the companys vehicles in honor of inventor Nikola Tesla, are Teslas original shareholders the first men to claim ownership of the upstart brand that would go on to shake up the Detroit establishment.