2 ms·

Has EM run of of money?

• Zigurd 4y ago
  No, and far from it. But it is very possible he has run out of easy borrowing capacity denominated in billions. The most recent articles I could find are months old, but they say more than 90% of Elon's shares in Tesla are pledged as collateral. Since then, things have only deteriorated. Buying the bird app seemed like a lark.
  • themitigating 4y ago
    A lark? This might be worst modern financial decision ever by a wealthy person if you consider the reason for the purpose wasn't financial gain.