Wall Street Journal: Elon Musk’s Finances Complicated by Declining Wealth, Twitter Pressures
Wall Street Journal: Elon Musk’s Finances Complicated by Declining Wealth, Twitter Pressures. “Historically, Mr. Musk has been a cash-poor billionaire, depending upon so-called margin loans—borrowing backed up by his shares—for his personal expenses and business investments while holding on to his Tesla shares and benefiting from their rising value. But Tesla’s market value has fallen by about $700 billion this year, sinking his personal wealth along the way.”