this post was submitted on 24 Feb 2025
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You have my full support and i fully agree on your last point but in nuance Tesla could go bankrupt and Musks wealth will hardly make a dent. With a budget of spending a mil a day it would still take centuries to blow trough all his money.
Isn't most of his wealth in stocks? If investors think Tesla is a bad stock (because no one will buy the cars), then Musk is poor.
Actually you are correct. I thought i had found a number for his liquid money but it wasn’t.
Also got a bit hung up on his stake in Tesla being just 13% but with Tesla being valued at ~900B thats still over ~100B of his ~320B “value”
Also worth noting that he's stated himself that his companies' values are all heavily tied together, and that it's a "carefully balanced house of cards". If Tesla falls, so to does everything else.