Yes. Musk’s net worth including his stock is a bit shy of 500 billion, and Tesla market cap is about 1500 billion. His net worth includes all his assets that he could possibly leverage.
Comment on Elon Musk says he needs $1 trillion to control Tesla's robot army. Yes, really.
Cethin@lemmy.zip 3 months agoDid you do the math including the shares he already owns? Anyway, he can take out loans with the shares as collateral to buy more shares. I’m pretty sure he could get back 50% control if he leverages his assets. If he actually believes what’s he’s saying, this is a reasonable move.
jj4211@lemmy.world 3 months ago
SaveTheTuaHawk@lemmy.ca 3 months ago
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