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Exactly. I would assume one reason for living alone is because he alienated a lot of people close to him. I think it's quite tragic. The other reason is that h
by captainmuon 5y ago
Exactly. I would assume one reason for living alone is because he alienated a lot of people close to him. I think it's quite tragic.
The other reason is that he could be "broke", as in he has no cash. All of his wealth is in stock of Tesla, SpaceX,... and he cannot sell any of that without loosing control of the companies or pluging the stock price. I think that's also why he sold all his real estate some time ago.
- smt88 5y agoAlternatively, this could be another thing he's lying about in order to seem eccentric and interesting.
- nickik 5y agoBanks give practically cash loans against your stock. And the idea that the stock price of those companies would collapse if he sold a few million is frankly idiotic.
- mapmap 5y ago>Banks give practically cash loans against your stock. This is how taxes are not paid. No income, no tax. No realized capital gains, no tax. Propublica recently went into detail on this.
- nickik 5y agoDoesn't have to do anything with the thread. So not sure how taxes are relevant here. Fact is, Elon doesn't have liquidity problems.
- smt88 5y agoI know he himself has pushed the "no cash" narrative (perhaps to seem more like an underdog or a true believer in the various things he's pumping?) but it's ridiculous. He could get a loan of $10M, a tiny fraction of his wealth, in minutes. He could collateralize it easily with any of his assets, even if some aren't liquid (although we should consider Tesla stock to be very liquid at this point).