In a stunning announcement that bridges the worlds of athletics and technology, Tesla CEO Elon Musk has signed a massive $850 million endorsement deal with world-renowned gymnast Simone Biles. This three-year partnership marks a historic moment as Biles becomes the face of Tesla’s new initiative to merge elite athletic performance with sustainable electric vehicles. The deal highlights both Biles’ incredible influence beyond gymnastics and Tesla’s bold expansion into diverse markets, including sports.
Simone Biles, widely regarded as one of the greatest gymnasts of all time, will collaborate closely with Tesla in developing eco-friendly vehicles specifically designed for athletes and active lifestyles. Musk has expressed admiration for Biles’ work ethic, innovation, and commitment to pushing boundaries—qualities that align perfectly with Tesla’s mission of driving forward the future of sustainability.
The terms of the deal include Biles having a significant role in the design and testing of Tesla’s new electric sports vehicle line, as well as a prominent role in Tesla’s environmental campaigns. Beyond financial gains, Biles will receive stock options, collaborate on product launches, and participate in educational initiatives aimed at promoting sustainability among athletes and fans worldwide.
With this landmark endorsement deal, Tesla sets a precedent for combining sports excellence with environmental advocacy, while Simone Biles continues to transcend her sport, paving the way for athletes to influence industries beyond traditional endorsements.
In a stunning announcement that bridges the worlds of athletics and technology, Tesla CEO Elon Musk has signed a massive $850 million endorsement deal with world-renowned gymnast Simone Biles. This three-year partnership marks a historic moment as Biles becomes the face of Tesla’s new initiative to merge elite athletic performance with sustainable electric vehicles. The deal highlights both Biles’ incredible influence beyond gymnastics and Tesla’s bold expansion into diverse markets, including sports.
Simone Biles, widely regarded as one of the greatest gymnasts of all time, will collaborate closely with Tesla in developing eco-friendly vehicles specifically designed for athletes and active lifestyles. Musk has expressed admiration for Biles’ work ethic, innovation, and commitment to pushing boundaries—qualities that align perfectly with Tesla’s mission of driving forward the future of sustainability.
The terms of the deal include Biles having a significant role in the design and testing of Tesla’s new electric sports vehicle line, as well as a prominent role in Tesla’s environmental campaigns. Beyond financial gains, Biles will receive stock options, collaborate on product launches, and participate in educational initiatives aimed at promoting sustainability among athletes and fans worldwide.
With this landmark endorsement deal, Tesla sets a precedent for combining sports excellence with environmental advocacy, while Simone Biles continues to transcend her sport, paving the way for athletes to influence industries beyond traditional endorsements.