Saudi Press

Saudi Arabia and the world
Wednesday, Jan 14, 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

Saudi Press
0:00
0:00
Close
Trump Designates Saudi Arabia a Major Non-NATO Ally, Elevating US–Riyadh Defense Partnership
Trump Organization Deepens Saudi Property Focus with $10 Billion Luxury Developments
There is no sovereign immunity for poisoning millions with drugs.
Mohammed bin Salman’s Global Standing: Strategic Partner in Transition Amid Debate Over His Role
Saudi Arabia Opens Property Market to Foreign Buyers in Landmark Reform
The U.S. State Department’s account in Persian: “President Trump is a man of action. If you didn’t know it until now, now you do—do not play games with President Trump.”
CNN’s Ranking of Israel’s Women’s Rights Sparks Debate After Misleading Global Index Comparison
Saudi Arabia’s Shifting Regional Alignment Raises Strategic Concerns in Jerusalem
OPEC+ Holds Oil Output Steady Amid Member Tensions and Market Oversupply
Iranian Protests Intensify as Another Revolutionary Guard Member Is Killed and Khamenei Blames the West
President Trump Says United States Will Administer Venezuela Until a Secure Leadership Transition
Delta Force Identified as Unit Behind U.S. Operation That Captured Venezuela’s President
Trump Announces U.S. Large-Scale Strike on Venezuela, Declares President Maduro and Wife Captured
Saudi-UAE Rift Adds Complexity to Middle East Diplomacy as Trump Signals Firm Leadership
OPEC+ to Keep Oil Output Policy Unchanged Despite Saudi-UAE Tensions Over Yemen
Saudi Arabia and UAE at Odds in Yemen Conflict as Southern Offensive Deepens Gulf Rift
Abu Dhabi ‘Capital of Capital’: How Abu Dhabi Rose as a Sovereign Wealth Power
Diamonds Are Powering a New Quantum Revolution
Trump Threatens Strikes Against Iran if Nuclear Programme Is Restarted
Why Saudi Arabia May Recalibrate Its US Spending Commitments Amid Rising China–America Rivalry
Riyadh Air’s First Boeing 787-9 Dreamliner Completes Initial Test Flight, Advancing Saudi Carrier’s Launch
Saudi Arabia’s 2025: A Pivotal Year of Global Engagement and Domestic Transformation
Saudi Arabia to Introduce Sugar-Content Based Tax on Sweetened Drinks from January 2026
Saudi Hotels Prepare for New Hospitality Roles as Alcohol Curbs Ease
Global Airports Forum Highlights Saudi Arabia’s Emergence as a Leading Aviation Powerhouse
Saudi Arabia Weighs Strategic Choice on Iran Amid Regional Turbulence
Not Only F-35s: Saudi Arabia to Gain Access to the World’s Most Sensitive Technology
Saudi Arabia Condemns Sydney Bondi Beach Shooting and Expresses Solidarity with Australia
Washington Watches Beijing–Riyadh Rapprochement as Strategic Balance Shifts
Saudi Arabia Urges Stronger Partnerships and Efficient Aid Delivery at OCHA Donor Support Meeting in Geneva
Saudi Arabia’s Vision 2030 Drives Measurable Lift in Global Reputation and Influence
Alcohol Policies Vary Widely Across Muslim-Majority Countries, With Many Permitting Consumption Under Specific Rules
Saudi Arabia Clarifies No Formal Ban on Photography at Holy Mosques for Hajj 2026
Libya and Saudi Arabia Sign Strategic MoU to Boost Telecommunications Cooperation
Elon Musk’s xAI Announces Landmark 500-Megawatt AI Data Center in Saudi Arabia
Israel Moves to Safeguard Regional Stability as F-35 Sales Debate Intensifies
Cardi B to Make Historic Saudi Arabia Debut at Soundstorm 2025 Festival
U.S. Democratic Lawmakers Raise National Security and Influence Concerns Over Paramount’s Hostile Bid for Warner Bros. Discovery
Hackers Are Hiding Malware in Open-Source Tools and IDE Extensions
Traveling to USA? Homeland Security moving toward requiring foreign travelers to share social media history
Wall Street Analysts Clash With Riyadh Over Saudi Arabia’s Deficit Outlook
Trump and Saudi Crown Prince Cement $1 Trillion-Plus Deals in High-Profile White House Summit
Saudi Arabia Opens Alcohol Sales to Wealthy Non-Muslim Residents Under New Access Rules
U.S.–Saudi Rethink Deepens — Washington Moves Ahead Without Linking Riyadh to Israel Normalisation
Saudi Arabia and Israel Deprioritise Diplomacy: Normalisation No Longer a Middle-East Priority
Saudi Arabia Positions Itself as the Backbone of the Global AI Era
As Trump Deepens Ties with Saudi Arabia, Push for Israel Normalization Takes a Back Seat
Thai Food Village Debuts at Saudi Feast Food Festival 2025 Under Thai Commerce Minister Suphajee’s Lead
Saudi Arabia Sharpens Its Strategic Vision as Economic Transformation Enters New Phase
Saudi Arabia Projects $44 Billion Budget Shortfall in 2026 as Economy Rebalances
×