• zaphod@sopuli.xyz
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    11 hours ago

    Every once in a while he blackmails the Tesla board into giving him a shit ton of money. Besides that he doesn’t have much, his wealth is in stocks, mostly Tesla, because his other companies aren’t publicly traded. What rich people do to actually get money is they get a loan backed by their stocks, and then never really paying it back. Tesla is extremely overvalued, but because of that he can just borrow as much money as he wants.