Why did the Banks give Musk money ? Because Elon put his Tesla shares as collateral. This is the same as mortgaging your house. If Elon does not repay WITH INTEREST, he will lose the stocks.
If you consider a Bank Loan to be a handout, you are ignorant of basic finance
Why did the Banks give Musk money ? Because Elon put his Tesla shares as collateral. This is the same as mortgaging your house. If Elon does not repay WITH INTEREST, he will lose the stocks.
If you consider a Bank Loan to be a handout, you are ignorant of basic finance