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Elon Musk sells his houses and threatens to withdraw Tesla from California
After several escapes on Twitter, there are at least two questions: Has the billionaire run out of cash? And how do you pronounce your child’s name “X Æ A-12”?
What are you doing next? Elon Musk is becoming increasingly unpredictable. This is the conclusion of who follows the businessman on Twitter. In recent days, he has announced on the short message service that he will sell all of his homes, call the California fascist government, report the relocation of the Palo Alto headquarters to Nevada, and argue with his girlfriend about his son’s name.
Musk’s electric car company Tesla, which faced bankruptcy multiple times, outperformed Volkswagen this year in terms of market value, becoming the second most valuable automaker after Toyota. But as long as the boss is so unpredictable, that’s the future of the company.
Anger over closure and exit plans
The reason for the anger against the California government lies in its measures against the crown pandemic: Elon Musk did not agree that he should not open his factory this week. He tweeted that the measure was already complete and that it would move its headquarters to “Texas / Nevada” immediately. Production in California is also at stake if Tesla isn’t treated better in the future. Tesla is the latest automaker to still produce in California and employs 10,000 people.
It is a defiant reaction. Because the factory could open again in a week. Relocating headquarters or even production facilities is a long and costly maneuver. In the “New York Times,” a California government official replied that Musk should enjoy time with his new baby and that he could reopen his factory on May 18.
Musk’s girlfriend, 32-year-old singer Grimes, recently gave birth to a son who the couple named “X« A-12 “. However, it is still not entirely clear whether the authorities will allow it at all. X, as the mother explained on Twitter, is the “unknown variable”, eute means “love” or “AI for Artificial Intelligence”, and A-12 was the name of her favorite fighter jet and the abbreviation for “Archangel”, his favourite song. The name “X Ash Archangel” is pronounced. Musk sees it differently, pronouncing the name on a podcast as “x-as-a-12” and also seeing the situation with the fighter jet a little differently.
Musk’s girlfriend, the musician Grimes. Image: Invision / Invision
He is the sixth son of Musk, 48 years old. With his ex-wife, fantasy writer Justine Wilson, he has five children together. For two years she has been working with the Canadian musician Grimes, whose real name is Claire Boucher and is stirring up the pop world as a techno-feminist and climate activist. The place where the family will live in the future is still open, because Elon Musk has announced that he will sell all of his seven houses. Are three of your villas already for sale on the Internet? for a total of $ 75 million.
What prompted him to take this step is unclear. In an article, the “Wall Street Journal” speculates that music needs liquid funds. It would not be the first time that the company ran out of cash. Musk’s fortune is valued at $ 37 billion, but almost all the money is invested in his companies. In addition to Tesla, Musk is also the founder and head of the SpaceX space company. Musk has hardly sold shares so far? sometimes even bought. You don’t want to give up control of your companies.
Astronauts travel with little ballast
In a tweet two years ago, he even said he wanted to remove Tesla from the stock exchange. Did the tweet drive up the stock price? what he called the stock exchange regulator in the plan and ended in a settlement. During the crown crisis, Musk tweeted that Tesla’s stock was “overpriced” in his opinion, so the price briefly fell by more than 10 percent and destroyed much of its assets.
Selling their homes is not about money, Musk says, but about a new minimalist lifestyle. “I dedicate my life to Mars and Earth,” he says on Twitter: “Property only pushes you down.”
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