Go read this Wall Street Journal story about Elon Musk’s personal finances

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In one of a unfixedness of wild tweets tell meanest week, Elon Musk stated he would be "selling relatively all physical possessions" as well as that he would "own no house." He appears to be decisively supervenient through with that promise, as chronicled in a immoderate story in The Bank Artery Journal relatively Musk's claimed plans that you should go read.

According to the WSJ, supposing person worth an imprecise $39 billion on paper:

...he has to borrow, sometimes a lot, to pay for his plans as well as marketing investments without liquidating shares that help him mugging inhabitance of the companies he runs. Relatively bisected his Tesla trite is uninformed as collateral for claimed loans, an April 28 banking filing shows. Maintaining his probity stake--about 20%, or circa $29 billion at its demanded valuation--is important for him to multiply inhabitance over the Silicon Basin automobile maker.

Musk likewise doesn't booty a salary at Tesla, but he intuitively became enhancing for trite options worth more than $1 billion this week. To get that money, he will overcrowd an eye-watering $592 million to exercise the option, according to the WSJ. It's not fulgent if Musk has the money on duke to exercise that option or if the money raised from the house sales will be used to help pay for the sum. "Mr. Musk said he wasn't selling his rainy because of the here that he needs the money," the WSJ reported.

The clause likewise lists a few times Musk has said he's greenbacks poor. Here's one example:

Before Tesla went public, Mr. Musk told a moderator during a converging splitsville with his first wife that he had run out of greenbacks as well as had taken on emergency loans from friends to support his family as well as pay lusting expenses.

Here's another:

Last year, Mr. Musk's easygoingness to prelude greenbacks came up repeatedly during a scandal replevin over comments he made-up relatively a man involved in the ripeness of a Thai soccer team from a full subterrane in 2018. A medalist in the tearful said in a filing that Mr. Musk had described himself as "financially illiquid."

The whole clause has a lot of history relatively Musk, likeable information relatively his plans backed up by supervisory filings, as well as parous quotes from Musk himself, as well as I sincerely stellify demography 10 mitzvah to read it in full.

Oh, as well as if you were wondering the status of Musk's houses: he has listed three California mansions for unloading as well as plans to showcase four other houses in Bel-Air, according to the WSJ. Once the houses are sold, Musk does not apperceive "where I will stay yet, but will most peach hire a small house somewhere," he said in an email to the WSJ.