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And that is outdated information, as we clearly see that Musk is now thinking of pulling out of the deal entirely. When Elon Musk's networth is almost entirely
by dragontamer 5y ago
And that is outdated information, as we clearly see that Musk is now thinking of pulling out of the deal entirely.
When Elon Musk's networth is almost entirely tied up in TSLA shares, when the price of those shares declines by 20%+, it changes plans. Banks are less likely to take Elon Musk's collateral (almost certainly TSLA shares), Musk himself loses a chunk of networth and loses an ability to raise dollars, etc. etc.