Re:Elon Musk, Tech’s Cash-Poor Billionaire
by gpm on Friday May 08, 2020 @08:35PM
(#23121084)
I think it depends on why Tesla goes Chapter 11 and who acquires it.
If it's because he did something entirely insane you're probably right. If it's because market conditions shifted post Covid-19 I think he's been enough of a rainmaker that people would likely still leave him in charge.
If a friend of his who is willing to put up with his antics (e.g. Larry Page) managed to acquire it, it's probably more likely than if risk adverse/sensational personality adverse institutional investors acquired it.
Admittedly at this point I doubt Larry Page would be able to easily front the money any more... Tesla's assets have grown substantially in value since back then.
If it's because he did something entirely insane you're probably right. If it's because market conditions shifted post Covid-19 I think he's been enough of a rainmaker that people would likely still leave him in charge.
If a friend of his who is willing to put up with his antics (e.g. Larry Page) managed to acquire it, it's probably more likely than if risk adverse/sensational personality adverse institutional investors acquired it.
Admittedly at this point I doubt Larry Page would be able to easily front the money any more... Tesla's assets have grown substantially in value since back then.