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Mark Frohnmayer Built a Three-Wheeled Rocket Trike Why Is It Worth a Billion Dollars?

Elon Musk didn t understand what Mark Frohnmayer was building. Frohnmayer is the founder of Arcimoto, a Eugene company that makes lightweight electric vehicles that just might be as revolutionary for Oregon and the world as Musk s Tesla. Strangely enough, they knew each other before either was famous. A decade ago, they car-camped together in the California hills with a mutual friend, Adeo Ressi, CEO of the Founder Institute. Back then, Musk was a mere multimillionaire running a money-losing electric car company, and Frohnmayer was the scion of an Oregon political family who had a few bucks in his pocket and the crazy idea to build two-passenger, three-wheeled, doorless EVs in Eugene, Oregon.

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