Elon Musk, Tech’s Cash-Poor Billionaire

It's really concerning that theres essentially a giant liability, Elon's personal debt, that doesnt show up on the balance sheet. As the article discusses, a margin call would be devastating, and hopefully any irresponsible decisions in his personal lifestyle choices don't spill over to put Tesla or SpaceX at risk. Especially considering how powerful a force they've been in driving consumer changes in vehicles and in developing the commercial space market.

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&gt; Yet he has to borrow, sometimes a lot, to pay for his lifestyle and business investments without liquidating shares that help him maintain control of the companies he runs.<p>Not sure. He could sell secondary shares without losing control, just like zuck

The propaganda machine around Musk (Iron Man, etc) is so strong that I doubt it will allow him to fail. There is too much money to be made in mythology.

Pay walled.

Elon uses four personal jets guzzling who knows now much gas. He practically flies 24x7. When it comes to climate, he is a hypocrite.

Remember that Elon agreed to have his tweets reviewed by Tesla&#x27;s in-house counsel in lieu of formal SEC action after he lied about taking the company private.<p>He recently tweeted that the stock price was too high. Something legal would never allow him to say, especially if he is on the verge of exercising options.<p>My bet is the SEC isn&#x27;t going to tolerate this behavior anymore, and he won&#x27;t be at the helm of any of his companies by the end of the year. He will be just plain poor.