| > Why wouldn't he put up more Tesla as collateral? Because he didn't. If Elon Musk had easy access to Tesla-as-collateral, he would have put more of it up as collateral. > How do you know he can't get more financing? Because he's cutting himself out of the deal. That suggests he has run out of options to get money. Besides, surprise +50 BPS from the Fed just made it incredibly more difficult to get financing from the banks, and -20% to TSLA's stock price in the past couple of weeks compounds upon this fact, and makes it more difficult to use TSLA-shares as collateral. > How much BTC, Doge and eth does he have? Whatever amount he has, it is worth about 25% less than two weeks ago. -------- EDIT: I mean, maybe Musk has the money and is just trolling all of us? Which sounds on-brand for him frankly. I don't know why he'd want to do that, but he's not exactly a "stable" figure. |
Just because he doesn't put up more, doesn't mean he doesn't have access to more. You shouldn't use more collateral than necessary.