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> He's got lots of money, you don't need to save it for him. I want to nitpick you on this as I know you probably don't mean it but others might be confused by
by mlindner 4y ago
> He's got lots of money, you don't need to save it for him.
I want to nitpick you on this as I know you probably don't mean it but others might be confused by it. There is no way in which Elon Musk personally gets money from this. Elon doesn't have money other than the stock shares he sold. Most of his net value is still in the value of Tesla itself. His announcement of layoffs caused him to lose money.
Additionally if Tesla needed money, there would be no way to provide it as he doesn't have any money to provide it with.
- fundad 4y agoIn their employment capacity Elon Musk and other people who work for Tesla have an incredibly large budget. They can use that budget to downsize in a way that complies with the law.