Remember When Elon Musk Bought Twitter For 44 Billion? Obviously No One Has That Kind Of Money Just Sitting In The Bank. So He Took A Loan & Used His Company (Tesla) As Leverage. Now That Tesla’s Stock Is Declining. This Directly Affects His Situation With The Bank Regarding The 44 Billion Loan He Took. The More Tesla Loses Value. The More Pressure He Faces. That’s Why He Was On Fox News The Other Day Close To Tears. Being “Rich” Doesn’t Mean You Are Swimming In Cash. It Simply Means You Have High Value Assets You Could Use As Leverage. The Problem Starts When Those Assets Lose Value. This Is When Companies Fail. No One Has Billions In Their Bank Account. Networth Is An Estimate Of All Your Assets Put Together. Elon Will Probably Bounce Back. But For Now He Is Going Through The Most. Nobody Has Problems Like Rich People. Rich People Have Rich Problems
Remember When Elon Musk Bought Twitter For 44 Billion? Obviously No One Has That Kind Of Money Just Sitting In The Bank. So He Took A Loan & Used His Company (Tesla) As Leverage. Now That Tesla’s Stock Is Declining. This Directly Affects His Situation With The Bank Regarding The 44 Billion Loan He Took. The More Tesla Loses Value. The More Pressure He Faces. That’s Why He Was On Fox News The Other Day Close To Tears. Being “Rich” Doesn’t Mean You Are Swimming In Cash. It Simply Means You Have High Value Assets You Could Use As Leverage. The Problem Starts When Those Assets Lose Value. This Is When Companies Fail. No One Has Billions In Their Bank Account. Networth Is An Estimate Of All Your Assets Put Together. Elon Will Probably Bounce Back. But For Now He Is Going Through The Most. Nobody Has Problems Like Rich People. Rich People Have Rich Problems
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