“At times, he has put down as much as 50 percent of his Tesla shares as collateral to back them. As the company’s share price approaches $600, Musk enters dangerous territory with lenders. If the stock drops too low or he is forced to give up equity, it could throw his financing plan into disarray. I saw this coming. Musk is now losing billions on this vanity project."
@Jezibaba I assumed from the start he was just manipulating both stocks so that he ultimately makes more money.