Re:Elon Musk offers to help Thai cave rescue
by compcoffee on Friday July 06, 2018 @09:45AM
(#17471309)
>You mean, financing a vision?
Do you say that because his wealth is tied up in the companies? Yeah, and Zuckerberg "finances" Facebook, and Larry Ellison "finances" Oracle, and Larry and Sergy "finance" Google...
Tesla has sold vast amounts of equity and debt. That's how the company is financed.
Re:Elon Musk offers to help Thai cave rescue
by tomp on Friday July 06, 2018 @10:20AM
(#17471561)
No, becaues he spent his own earned/liquid wealth to start up and finance these companies, before they reached any level of success that enabled them to be financed externally.
Do you say that because his wealth is tied up in the companies? Yeah, and Zuckerberg "finances" Facebook, and Larry Ellison "finances" Oracle, and Larry and Sergy "finance" Google...
Tesla has sold vast amounts of equity and debt. That's how the company is financed.