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Is he putting his personal finances behind that personal guarantee?

• ParkerK 14y ago
  Some of it is most likely, yes. He's not afraid to fund his own projects, the man has passion
  • Evbn 14y ago
    And billions of dollars.
• MikeCapone 14y ago
  I was on the conference call. He basically said that it was guaranteed by all his assets even if Tesla was somehow to disappear.
  • tanzam75 14y ago
    Last I heard, Elon Musk was very cash-poor after his two divorces. Most of his money is tied up in equity stakes in SpaceX and Tesla. So if Tesla fails, then the "personal guarantee" simply turns into SpaceX shares. And SpaceX is a pre-IPO company.
    • MikeCapone 14y ago
      He still didn't have to do that. It's more about signalling his confidence level. I wouldn't bet against Elon.