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A comment on Tesla Q1 2020 Update. Parent comment

Re:Tesla Q1 2020 Update by BurningFrog on Wednesday April 29, 2020 @09:27PM (#23026549)
This might make sense for $38.5 million.

For $38.5 billion, no lifestyle choice in the world has any impact on that money.

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Re:Tesla Q1 2020 Update by gamblor956 on Wednesday April 29, 2020 @10:05PM (#23026763)
Elon Musk does not have $38.5 billion in unencumbered cash. Almost all of his cash is from loans taken against his Tesla stock.

If Tesla stock loses value, Elon Musk faces the risk of a margin call. In fact, this almost happened last year and the year before. It's one of the reasons that he wastes so much time going after shorts; it's not for fun--it's a matter of personal financial survival.

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