He doesn't service the X loans with his Tesla stock. He does need to keep Tesla's stock above $115 or so in order to avoid getting margin-called, though. Sure

He doesn't service the X loans with his Tesla stock. He does need to keep Tesla's stock above $115 or so in order to avoid getting margin-called, though. Sure, TSLA has been dropping, but it still has a ways to go before it hits $115. Maybe Musk is resigned to that happening, though, who knows. Seems unlikely?