Arab Press

بالشعب و للشعب
Monday, Apr 06, 2026

Couple paid $100 for abandoned car they found in a storage unit—Elon Musk bought it from them for nearly $1 million

In 2013, Tesla CEO Elon Musk paid almost $1 million for a 1976 Lotus Esprit submarine car that was featured in the 1977 James Bond movie "The Spy Who Loved Me". Years after the film released, the car had been missing until discovered under blankets in an unclaimed storage unit by a couple in Long Island, New York.

In 1989, a couple from Long Island, New York paid roughly $100 for an unclaimed storage unit. It was a blind auction, meaning neither they nor the seller had any idea what was inside.

When the couple opened the unit, they were in for what would likely be the surprise of their lives: Buried under some old blankets sat a 1976 Lotus Esprit sports car used in the filming of the 1977 James Bond film “The Spy Who Loved Me.” In the movie, the sports car famously transforms into a submarine and fires missiles while underwater.

Years later, none other than Elon Musk bought their find for nearly $1 million.


They’d never seen a Bond film

The sports car -one of eight used in the filming of the Roger Moore Bond movie, but the only one that operated in underwater scenes -had been put in the storage unit after filming and remained there, forgotten for more than a decade until the New York couple (who have remained anonymous) came along.

At first, “they really didn’t know what it was,” Doug Redenius, co-founder of the Ian Fleming Foundation, which authenticated the car, told NBC News in 2013 of the couple, who ran a business renting construction tools. They had never even seen a Bond film.

“They had no idea how valuable their discovery was.”

The husband had planned on fixing the sports car’s dented roof and making other improvements. But after they loaded the car onto a truck and set off for home, truckers contacted them via CB radio to let them know they were hauling a James Bond car, according to Redenius.

The husband later “went out and rented the movie on VHS and saw what he had,” Redenius told NBC.


Snapped up by Musk

After the couple “cosmetically restored” the vehicle, they displayed it in occasional exhibits over the next two decades before deciding to put it up for auction in 2013.

Redenius added in the 2013 interview that he had heard about the car’s existence years after the couple started exhibiting it, and he sought them out. He authenticated the car with the original builders and put the couple in touch with RM Sotheby’s, telling the couple before the auction that ”‘if [the car] sells for what we’re hoping, that money will give you an opportunity to live very comfortably for the rest of your life.’”

Enter Elon Musk.

The Lotus sold at auction at RM Sotheby’s in 2013 to a secret buyer. It was later revealed that the new owner was Musk, and he reportedly paid $997,000 for the car.

Musk said he’d grown up watching the Bond movie.

“It was amazing as a little kid in South Africa to watch James Bond in ‘The Spy Who Loved Me’ drive his Lotus Esprit off a pier, press a button and have it transform into a submarine underwater.

“I was disappointed to learn that it can’t actually transform. What I’m going to do is upgrade it with a Tesla electric powertrain and try to make it transform for real,” Musk told the auto blog Jalopnik in a statement in 2013.

To originally equip the Lotus for the movie, a marine engineering firm converted it into a functional submarine at a cost of more than $100,000 (the equivalent of nearly $425,000 today).

Nicknamed “Wet Nellie,” the car was used for underwater scenes, so when it sold in 2013 it had no wheels, only “articulated fins.” It also couldn’t drive on land, but it did actually work as a submarine, with ballast tanks to make diving possible. The car also featured “a bank of four propellers” in the back of the vehicle that let it move underwater while being powered by electric motors in a water-tight compartment.

During filming, the underwater scenes were performed by a retired U.S. Navy SEAL wearing full scuba gear with an oxygen tank, as the car’s interior was filled with water, according to Sotheby’s.

Recently, Musk said that the car served as part of the inspiration for Tesla’s new Cybertruck.

The 1976 Lotus Esprit submarine is not even the most expensive car from a James Bond film to ever go up for auction. In August, an Aston Martin DB5 that was used to promote the 1965 Bond film “Thunderball” sold at auction for $6.4 million to an anonymous buyer.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Iranian Drone Strike on US Embassy in Saudi Arabia Reportedly Targeted Intelligence Facility
Saudi Deputy Foreign Minister Meets French Embassy Official to Strengthen Bilateral Engagement
Saudi Arabia Calls on United States to Seize Strategic Opportunity to Reshape Middle East
Dating Apps Surge in Saudi Arabia as Social Norms Rapidly Evolve Among Youth
Saudi Arabia Detains Over Fourteen Thousand Illegal Residents in Week-Long Enforcement Drive
Saudi Foreign Minister Engages in Diplomatic Talks with Pakistan, Kuwait and Latvia on Regional Developments
Saudi Arabia Intercepts Cruise Missile as Regional Tensions Intensify
Saudi Stock Market Edges Higher as Tadawul Index Records Modest Gain
Underlying Rivalry Between Saudi Arabia and UAE Persists Despite Temporary Calm
Saudi Arabia’s Non-Oil Sector Contracts in March as Regional Tensions Weigh on Business Activity
Saudi Arabia Unveils Ambition to Establish Prestigious Global Prize Rivaling the Nobel
Saudi Crown Prince to Engage Wall Street in Push for Investment and Economic Expansion
Iran Accuses Saudi Arabia and UAE After Downing of Chinese-Made Drone
Saudi Arabia Condemns Attack on Hospital in Sudan, Calls for Protection of Civilians
Coordinated Drone Strike Targets CIA Facility Within US Embassy in Saudi Arabia
Italy’s Meloni Prioritises Energy Security and Strait of Hormuz Stability During Gulf Tour
Uncertainty Emerges Over Timeline and Direction of Saudi Arabia’s Ambitious Ski Resort Project
UAE and Saudi Arabia Escalate Strategy with Drone Operations Targeting Iran
Trump Delivers Characteristic Remarks on Saudi Crown Prince Amid Intensifying Iran Conflict
Drone Strike on US Embassy in Riyadh Caused Greater Damage Than First Reported
Saudi Arabia Introduces Flexible Solutions for Expired Visas Amid Regional Disruptions
Saudi Arabia’s Online Car Market Accelerates with AI Pricing and Fully Digital Buying Experience
Saudi Arabia Reassesses Defence Strategy as Iranian Drone Threat Drives Shift in Military Partnerships
Drone Strikes Target Saudi Arabia, Kuwait and Bahrain as Regional Conflict Intensifies
Japan and Saudi Arabia Align Efforts to Ease Rising Tensions with Iran
Saudi Crown Prince and Italy’s Meloni Strengthen Strategic Ties in High-Level Talks
SpaceX Explores Potential Five Billion Dollar Investment from Saudi Sovereign Wealth Fund Ahead of IPO
Saudi Arabia Lifts Key Import Barriers to Expand Access for U.S. Beef Exports
Saudi Arabia Enforces Strict Travel Penalties for Visits to Restricted Countries
Italy’s Meloni Embarks on Strategic Gulf Tour to Address Energy Security and Regional Stability
Saudi Film Festival Rescheduled to Summer as Regional Tensions Continue
Saudi Arabia Reports Forty Two Point Six Billion Dollars in Foreign Tourist Spending in 2025
Saudi Crown Prince and Russian President Hold Strategic Call on Escalating Regional Crisis
Saudi Arabia Advances Rail Network as Strategic Alternative to Strait of Hormuz Shipping Route
Ruanyun Edai Launches Saudi Arabia Hub With Forecast of Ten Percent Revenue Growth
Greek Defence Minister Visits Troops in Saudi Arabia Following Successful Missile Interception
Saudi Arabia Expands Global Strategy With Focus on African Critical Minerals
SpaceX Explores Potential Five Billion Dollar Investment From Saudi Fund Ahead of Possible IPO
US Central Command Dismisses Iranian Claim of Mass Casualties Among American Personnel in Saudi Arabia
Co-Diagnostics to Establish Molecular Diagnostics Facility in Saudi Arabia Through Joint Venture
Trump Engages Saudi Crown Prince in Talks on Potential Iran Ceasefire
Saudi Arabia’s Sadara Suspends Operations as Supply Chain Disruptions Intensify
Saudi Arabia Accelerates Energy Shift by Trading Oil Revenues for Battery Investments
Saudi Arabia Introduces Flexible Options for Expired Visas Amid Regional Disruptions
Online Narratives Surge as Iran–US Tensions Spill Into Digital Arena Following Trump Remarks
Saudi Arabia Urges Trump to Seize Strategic Moment as UAE Weighs Ground Deployment
Saudi Arabia Redirects Nearly One Million Barrels of Oil Daily Away from Strait of Hormuz
Saudi Arabia Carries Out Execution of Businessman Linked to 2011 Qatif Unrest
Ukraine–Saudi Defense Pact Signals Rising Demand for Battlefield Expertise
Saudi Arabia Balances Diplomacy and Defense Preparedness Amid Iran Conflict
×