Why are you a big Elon Musk fan? Tesla is going to go belly up, probably within the next 12 to 18 months if not before.
Musk has used his shares as collateral for an estimated $800 Million Plus in loans to finance his lifestyle.
Without the tax breaks for those that buy his cars he is on deep trouble. When Tesla goes broke the market for his cars new and used is gone as well as getting any spare parts.
He is more con artist than anything else and the laws of physics and battery technology were never there for all the claims he made. If I had the money I would short Tesla.
Musk has used his shares as collateral for an estimated $800 Million Plus in loans to finance his lifestyle.
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I don’t know if that figure is right, but the loans are because he doesn’t take a salary.