Does anyone know why Elon is playing the good cop now?
One can only guess, but clearly there are three problems for Elon.
1- fewer consumers of Teslas
2- Fewer slaves to build Teslas
3- Insufficient growth in sales to pay off his unbelievably deep well of debt
RE
Tesla debt sits at about less than $12 billion. Elon could sell some shares in the company and pay it off if he wished. Market cap is 1 trillion dollars (as in..one TRILLION). So, let us say my average income from social security is $20G a year...my equivalent percentage of debt would be...$240. oh...the horror of the debt...
Ford and GM have 5X-10X Tesla's debt. And smaller market cap.
More data for everyone!!
Balancing the books is for the little people.
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