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He can just borrow the money. He’s the worlds richest man - he can borrow < 10% of his net worth against his Tesla stocks if he wanted to.
by exdsq 4y ago
He can just borrow the money. He’s the worlds richest man - he can borrow < 10% of his net worth against his Tesla stocks if he wanted to.
- colinmhayes 4y agoThe funding already includes a $12.5 billion loan against his tesla shares. He is limited by tesla by laws and banker risk aversion to how much loans he can take out against his shares. I would speculate that the $21 billion in his equity is there because he couldn't get more loans.
- snowwrestler 4y agoAnd I believe he has already pledged other Tesla shares to secure previous loans.