4 ms·

Elon Musk has borrowed a lot of money with Tesla stock as collateral. If Tesla tanks, he is in deep trouble.

• ryandrake 2y ago
  There is no conceivable universe where Musk will ever be "in deep trouble," as in: a normal person struggling to make rent. It's hard to even visualize the size of "hundreds of billions." Even if he suddenly lost 99.99% of his wealth, he'd still be worth almost $40M, which is generational wealth for at least a few generations.
  • Gud 2y ago
    It’s not about losing 99.9% of his wealth, conceivably, he could end up billions under water. It has happened before. Ivar Krüger, then the worlds richest man, ended up dead by suicide. https://en.m.wikipedia.org/wiki/Ivar_Kreuger https://en.m.wikipedia.org/wiki/Ivar_Kreuger