Daniel Marks on Nostr: nprofile1q…9s2gh The problem with Tesla is that Musk's debt is a big problem for ...

nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqcsgseza3tp4fcuu0zu5fduztgz695k8x6fqer8jtfmyqhnlvgyss89s2gh (nprofile…s2gh) The problem with Tesla is that Musk's debt is a big problem for the banks. You know the saying, if you can't repay a million dollars to the bank, you have a problem, if you can't repay a $100 billion to the bank, the bank has a problem? Well, Musk's creditors are now effectively his investors too and if they call in his loans, they will probably end up having to write off the debt. So they don't really have incentive to call in his loans.