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He is rich because of Tesla. Stop buying Tesla's. Then his debt collateral is gone and his loans get called in.
by _DeadFred_ 2y ago
He is rich because of Tesla. Stop buying Tesla's. Then his debt collateral is gone and his loans get called in.
- rcMgD2BwE72F 2y agoNot at all. Tesla, all included, is just 39% of his wealth. 175 of his 449 billions USD. Source: https://www.bloomberg.com/billionaires/profiles/elon-r-musk/ https://www.bloomberg.com/billionaires/profiles/elon-r-musk/ And he isn't leverage. In the end, he sold Tesla share and bought Twitter with cash, contrary to what most newspaper wrote (and never corrected).
- breadwinner 2y agoOr since this is HN, stop working for his companies!
- red-iron-pine 2y agoTesla has consistently had a stock valuation that is completely disconnected from reality.
- freejazz 2y agoTesla stock doesn't seem tied to how well Tesla is doing, if you haven't noticed.