#political-involvement

#political-involvement

Its rapid growth, fueled by products far more appealing than the market average, ended with its liquidation last November and the arrest of its president, Daniel Vorcaro, as he attempted to flee Brazil. According to initial estimates by Brazil's Federal Police, the bank's missing funds could reach 12 billion reais (more than $2.2 billion), and at least 1.6 million people have been affected. A dozen partners and executives have been arrested.

"Actually, having his creative energies in various endeavours that are outside of Tesla actually helps Tesla. I know that sounds perverse, and people don't really understand that," Denholm said. "But having worked with him now for 11 years, it actually benefits Tesla with him doing things that are not in the mission of Tesla outside of Tesla, both from a resource perspective, but also from a motivation perspective."