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There are limits to how much he can borrow against his assets, both due to banking risk models and Tesla bylaws. He's too close to those limits already to borro
by kingbirdy 4y ago
There are limits to how much he can borrow against his assets, both due to banking risk models and Tesla bylaws. He's too close to those limits already to borrow another $20B.
- rcMgD2BwE72F 4y agoHow wrong you were. https://www.reuters.com/business/musk-tears-up-buyout-playbook-with-465-bln-twitter-financing-2022-04-22/ https://www.reuters.com/business/musk-tears-up-buyout-playbo... "Musk himself has committed to put up $33.5 billion, which will include $21 billion of equity and $12.5 billion of margin loans against some of his Tesla Inc (TSLA.O) shares to finance the transaction"
- rcMgD2BwE72F 4y ago>He's too close to those limits already to borrow another $20B. What are the limits and where is he now? Please tell us.
- TrapLord_Rhodo 4y agoYou have no idea how much money he has, how much connections he has, how many VC's, bankers, nationstates are willing to put money behind him. you hve no idea how much Eth, BTC and DOGE he has. He's up at least %14,000 on Doge from when he started tweeting about it. You have no idea how rich this man is, people need to stop acting like they do.