Re:The Young, Inexperienced Engineers Aiding Elon Musk’s Gov...
by ckrapu on Thursday February 06, 2025 @10:13PM
(#42968871)
> Then explain why if it works so well why Musk paid $10B in taxes when he sold Tesla stock if it works so well.
Loans to Musk were a risky asset before the election. He was at risk of investigation in the event Trump lost. No one would have given him a loan big enough to supply the cash needs which this sale supplied.
That said, ordinary billionaires can of course make use of this strategy.
Loans to Musk were a risky asset before the election. He was at risk of investigation in the event Trump lost. No one would have given him a loan big enough to supply the cash needs which this sale supplied.
That said, ordinary billionaires can of course make use of this strategy.