this post was submitted on 22 May 2024
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Tesla
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Discussion of Tesla, Inc.
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About Tesla
Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.
They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.
Tesla’s mission is to accelerate the world’s transition to sustainable energy.
founded 2 years ago
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It makes you wonder why he needs the payout. I just listened to a podcast about Michael Jackson (Timesuck if you're curious, highly recommend it) and he talked about how Jackson was in massive debt by the end and was prepping for a tour to make money to pay back his debts right before he died. The host pointed out it doesn't matter how rich you are, you can always overspend.
Obviously, at billionaire level the debt isn't going to be with luxuries and goods. Could it be debt to other billionaires or countries made under the table? He's shown in recent years that he's not the business genius he tried to pretend he was, so it wouldn't be that far fetched.
Well, he did buy an entire social media platform he then did his best to sink.
And technically he took on a bunch of loans and IOUs with people like the Saudis to make that happen. So I'm sure he's a bit concerned about liquidity and paying those people back.
Unless they got what they paid for