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  • And I'm sure I've read somewhere that the loan he took from JP Morgan to buy twitter used Tesla (and space x?) as collateral? So if that's not paid, he loses Tesla shares, and as the value of them (the shares) goes down he loses more and more of them.

    Obviously he's never going to go to zero himself, but he's at financial risk I believe.

  • Obviously he's never going to go to zero himself, but he's at financial risk I believe.

    This is the thing he and his fan boys miss.

    His finances will have already been structured so that his family are taken care of. And if he filed for bankruptcy he's going to make sure he doesn't leave his house.

    So when he says he doesn't care about money what actually means is yachts and RM watches. Not literally having to live in social housing, repaying debts and being unable to build a safety net.

  • Yes, there's presumably no loss (apart from incarceration or something extreme like that) that would threaten his, or any, billionaires lifestyle.

    It must be the first thing that they address. His own valuation is higher than oil majors market cap; there must be hundreds of people employed solely to manage it. Bet they're delighted right now.

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