Surely a genius businessman like Elon wouldn't have borrowed against his Tesla stock at highly inflated prices to fund Twitter, brain implants, robots, and AI?

Right?

But seriously, it wouldn't surprise me if Elon's built himself a financial house of cards around Tesla's highly inflated share price.

If that's the case, it would mean he's borrowed against his Tesla shares to fund both his personal living expenses, and to fund his investments into the likes of Neuralink, xAI/Grok, Starlink, etc., to keep them operating.

If the Tesla share price implodes, then he's underwater. There's no more assets to borrow against to keep funding those other ventures.

That would mean he would be desperately scrambling to find outside investors to keep, say, Twitter, Neuralink or Boring Co afloat, at the exact same time the bottom's falling out of Tesla's share price.

This is pure speculation, of course.

And there may be external forces (President Trump, Russia) willing to bail him out. At least for a time.

But his bid to strip US$56 billion out of Tesla suggests something along the lines of what I've described above: cnbc.com/2024/12/02/tesla-ceo-…

And if that's the case, there's a chance things get very bad for Elon very quickly.

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.

^{Lora Kolodny (CNBC)}