Technology

Point four I've already answered; the need to liquidate stock amplifies any costs, with a potential to create a catastrophic snowball that could lead to a significant collapse in his fortune (nothing could ever make Musk "poor" by any sane standard, but he could become significantly poorer, which I'm sure to him would be the end of the world).

Point three is answered by him being overleveraged. He took on a lot of debt to buy Twitter, which makes taking on additional debt significantly harder. You've both tried to dispute this, while simultaneously confirming it. We'll get to that with point one.

Point two is misleading. While Twitter does have its own accounts, those coffers are bare. Either Musk foots the bill out of his own pocket, or the company goes bankrupt. Either way, he's still on the hook for about $800,000,000 a year in interest payments on the debt it took to buy it.

Which brings us to point one; you've tried to dispute this point by offering the evidence that confirms it. As your correctly state, Musk went into business with a murderers row of the kind of merciless loan sharks that you only do business with if the banks all laughed at you. As I mentioned previously the interest on the debts he took on to buy Twitter is $800 million a year. You don't accept those kinds of financing terms if you have better options. The fact that he did is all the proof you need that his credit is shit. The banks know damn well how precarious his wealth is. And if further evidence was needed, consider this; why did he trigger a significant collapse in Tesla's stock price last year selling off stock to service those debts if he had the option of simply borrowing against his assets as you claim?

Then WHY fight something that would've been pennies and now will at least be dimes? As much as I want to believe musk is close to insolvency, I don't think its quite possible yet. But then why die on these stupid little hills?

Exactly. Right now Tesla are being priced like they're the next Amazon, but this is largely on the belief that they'll somehow end up licensing self driving software to every company in the world that deals in transit or transport. It's a total fantasy. While Tesla does have some competitive advantages (such as owning the accepted standard for EV charging) they're not worth anywhere close to what their stock price says. At this point they're basically turning into a new South Seas Company.

"Because his wealth is entirely in overinflated Tesla stock, and because he's already massively overleveraged from buying Twitter, coming up with that money means selling Tesla stock, and because the Tesla stock price is based on dreams and unicorn farts any amount he sells tends to sink the price.

And there's no telling when the Tesla stock price will just collapse entirely as investors finally start valuing it like a car manufacturer, and not like kind of predestined savior of the human race (for context, Tesla in its entirety is currently valued at $800bn. Ford is currently valued at $40bn. And Ford sell a LOT more cars than Tesla)."

This is a quote from a comment above. What he's "smart" about is being a conman. Which doesn't really take intelligence. It just takes some trial and error and enough money starting out to make mistakes.

Honestly, it's not that hard to make a truckload of money if you start off with a busload of money (in this analogy, the truck's bigger). Capitalism is pretty much built to ensure that the rich will either stay rich or get richer unless they're completely irresponsible with said riches.

And paying attention to trends isn't a stroke of genius, either. As for marketing, the 'fresh rebel tech magnate' turned out to be just a shitposter without the proper context in which to "shine," nothing more.