Elon Musk (and Tesla Motors) in serious financial trouble

Although just a few days ago we reported that Tesla Motors was partnering with Toyota in a sort of alliance that is supposed to bring advances for both companies in the field of electric cars, it is said that the personal situation of Elon Musk, the head of Tesla Motors, is desperate and that he has already declared bankruptcy.

This piece of information emerged from the divorce proceedings he is currently facing in court against his ex-wife, who is suing him for millions. And through the court, it has become known that over the past few months Elon Musk has been living on money loans from some friends.

But let’s not kid ourselves: Elon Musk had every reason to say he was bankrupt, but the true situation of Tesla Motors will obviously never be known.

On the other hand, there are certain signs that suggest Tesla Motors is in danger: the Tesla S keeps being delayed more and more while it waits for the funds the US government has promised, and it is said that the agreement with Toyota has been nothing more than a superficial deal, more than anything to keep up appearances.

Source | Autopia