It is wishful thinking and unlikely. Musk has diversified assets beyond Tesla stock, and lenders typically negotiate rather than force fire sales. Even with a Tesla stock crash, heβd have options like restructuring debt or securing new financing. He wouldnβt be penniless overnight.
Securing new financing could take days to weeks, depending on market conditions and lender confidence. If Tesla stock collapsed and margin calls forced liquidations, Musk could face severe liquidity issues quickly. However, going completely penniless is unlikely due to his other assets.
Comments
400 Billion to penniless is a hard stretch.
I'm all for it if it can be done!
I bow to your brilliance!