Flamethrowers should arrive just in time”, then followed it up just hours later with another taunt on the coming short squeeze which “Looks like sooner than expected.

This was his biggest purchase of TSLA shares since March 2017.

And no, this is not a joke: Elon Musk has personally borrowed $624 million in loans from various investment banks as of March 2017- first mostly Goldman, then mostly Morgan Stanley – as of a year ago to buy Tesla stock.

And with 13.775M Tesla shares pledged.

that implies that at a share price below $232.30 (assuming a current balance of $800 million), Musk would face either a margin call or the need to post additional shares as collateral.

Categories: ZH