Preston Tucker and the Tucker 48
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Preston Tucker (1903-1956) and his Tucker 48 inspire admiration -- and debate -- to this day. Tucker built 51 cars before a shortage of money and a surplus of bad publicity closed his company. Some think the Big Three conspired to destroy him. More likely, he was overwhelmed by the enormous cost of building an automobile company from scratch. Tucker raised over $20 million, but he probably needed ten times that much to secure his firm's future.
Preston Tucker (1903-1956) and his Tucker 48 inspire admiration -- and debate -- to this day. Tucker built 51 cars before a shortage of money and a surplus of bad publicity closed his company. Some think the Big Three conspired to destroy him. More likely, he was overwhelmed by the enormous cost of building an automobile company from scratch. Tucker raised over $20 million, but he probably needed ten times that much to secure his firm's future.
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