this post was submitted on 28 Jan 2026
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How does this idiot have any money?
I gave him lots of money when he showed off Teslas all-electric sports car, pitched the model S sedan, and laid out the plan for solar roof tiles, and home battery storage.
It was a beautiful moment when I saw a billionaire putting their money against fossil fuels.
When he was struggling to get model 3 production rolling, I gave him lots more money.
Then he started shitting on trans folks and I started divesting, but still wanted Tesla to succeed.
Then he essentially bought twitter with that money I gave him to develop Tesla and reports of working conditions started coming out so I divested more... But I held hope Tesla board would kick him out and I could put that money back.
Then he got into politics and Tesla board voted to give Elon tens of billions and I left all the way.
Fucking shame.
There was a moment when Tesla was investing tens of billions into actual electrification research and developing compelling projects and making lots of money because of it.
Step 1: Start with lots of money
Step 2: Find a bunch of other rich idiots willing to invest their money.
Every once in a while he blackmails the Tesla board into giving him a shit ton of money. Besides that he doesn't have much, his wealth is in stocks, mostly Tesla, because his other companies aren't publicly traded. What rich people do to actually get money is they get a loan backed by their stocks, and then never really paying it back. Tesla is extremely overvalued, but because of that he can just borrow as much money as he wants.