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drcross | 3 years ago

Debts from where? Any evidence of this at all? It seems like fantasy considering how much money the rest of Musks companies have in the bank.

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pjc50|3 years ago

https://www.thenationalnews.com/business/banking/2022/10/09/...

"Lenders that also include Bank of America, Barclays and Mitsubishi UFJ Financial Group committed to provide $13 billion of debt financing for the deal. Their losses would amount to $500 million or more if the debt were to be sold now, according to Bloomberg calculations."

hef19898|3 years ago

There is Elon's private wealth, mostly in tesla stock from what I understand. The cash and assets from the companies at which he is (majority) owner, CEO or a combination thereof are not his, they belong to his companies, which are separate legal entities.

bandrami|3 years ago

LOL no. Rich people don't have money, they own companies. In fact they go to nearly absurd lengths to avoid having money as much as possible.