Is Tesla Founder Elon Musk Broke?

Is Elon Musk Broke?

The founder of Tesla Motors, the electric car company, said in a court filing connected with his divorce case that he ran out of cash late last year. According to the filing, and reported by VentureBeat, Musk has been living off personal loans from friends since October 2009 (he's spending $200,000 a month). Tesla itself is dealing with cash flow problems - the company has been drawing down on a $465-million loan from the Department of Energy.

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