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...