Don’t worry, the feds will throw enough money at Tesla (and Musk’s other businesses) to keep him richer than God. Plus, he’s seizing control of the regulators who oversee financial institutions, any creditors who come after him could be risking serious retribution.
$TSLA is down 30% since Q4, costing Musk $106 Billion. Even better, he already put up half of his shares as collateral for personal loans.
https://abcnews.go.com/Business/tesla-shares-plunged-musk-takes-washington-reason/story?id=118764267
Don’t worry, the feds will throw enough money at Tesla (and Musk’s other businesses) to keep him richer than God. Plus, he’s seizing control of the regulators who oversee financial institutions, any creditors who come after him could be risking serious retribution.
You always put a loan on your pumped up stock. The loan is the clean money.
Yeah, you even get to live tax free using that strategy.