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Elon isn't hired management. He built the company, and risked all of his personal assets in doing so.
by optimiz3 6y ago
Elon isn't hired management. He built the company, and risked all of his personal assets in doing so.
- iamacyborg 6y agoFrom what I understand, Musk as an already wealthy man would be able to easily protect his personal assets if Tesla were to declare bankruptcy. He would be fine, employees, living paycheck to paycheck, would not be.
- sjwright 6y agoAnd that appears to be another non sequitur. It was Elon's personal assets which caused those paychecks to exist in the first place. Elon has risked over 100% of his personal wealth on multiple occasions and there are moments in Tesla's history where if the company had failed, Elon would have fallen back into deep debt.