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Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

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Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#11

Post by smt88 »

captainmuon wrote: post #6
smt88 wrote: post #2

One wonders how he is a functioning partner to Grimes and/or father to his 7 children when he lives the life of an eccentric bachelor...

Exactly. I would assume one reason for living alone is because he alienated a lot of people close to him. I think it's quite tragic. The other reason is that he could be "broke", as in he has no cash. All of his wealth is in stock of Tesla, SpaceX,... and he cannot sell any of that without loosing control of the companies or pluging the stock price. I think that's also why he sold all his real estate some time ago.

Alternatively, this could be another thing he's lying about in order to seem eccentric and interesting.

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#12

Post by drigby »

hulitu wrote: post #8
carbonatedmilk wrote: post #5

Love the idea of pre-fab, but this thing is just charmless. Fake-wood plastic floors Fake-wood MDF cabinetry, with superfluous detailing Plastic benchtops Horrible overhead lighting layout. The 'LCD television-as-wall-divider' is the cherry on top of this nightmare. The problem isn't simply that they've chosen cheap, poor-substitute materials, the whole thing has been thrown together with no sense of design or cohesi…

Pre fab? We lived for three months in a brown paper bag in a septic tank. We used to have to get up at six o'clock in the morning, clean the bag, eat a crust of stale bread, go to work down mill for fourteen hours a day week in-week out.

Luxury.

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#13

Post by nickik »

captainmuon wrote: post #6
smt88 wrote: post #2

One wonders how he is a functioning partner to Grimes and/or father to his 7 children when he lives the life of an eccentric bachelor...

Exactly. I would assume one reason for living alone is because he alienated a lot of people close to him. I think it's quite tragic. The other reason is that he could be "broke", as in he has no cash. All of his wealth is in stock of Tesla, SpaceX,... and he cannot sell any of that without loosing control of the companies or pluging the stock price. I think that's also why he sold all his real estate some time ago.

Banks give practically cash loans against your stock.

And the idea that the stock price of those companies would collapse if he sold a few million is frankly idiotic.

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#14

Post by mapmap »

nickik wrote: post #13
captainmuon wrote: post #6

Earlier quoted context omitted.

Exactly. I would assume one reason for living alone is because he alienated a lot of people close to him. I think it's quite tragic. The other reason is that he could be "broke", as in he has no cash. All of his wealth is in stock of Tesla, SpaceX,... and he cannot sell any of that without loosing control of the companies or pluging the stock price. I think that's also why he sold all his real estate some time ago.

Banks give practically cash loans against your stock. And the idea that the stock price of those companies would collapse if he sold a few million is frankly idiotic.

>Banks give practically cash loans against your stock.

This is how taxes are not paid. No income, no tax. No realized capital gains, no tax.

Propublica recently went into detail on this.

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#15

Post by gabrielsroka »

smt88 wrote: post #2

One wonders how he is a functioning partner to Grimes and/or father to his 7 children when he lives the life of an eccentric bachelor...

Nitpick: he has 6 living children. He had 7, but one of them died.

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#16

Post by gabrielsroka »

drigby wrote: post #12
hulitu wrote: post #8

Earlier quoted context omitted.

Pre fab? We lived for three months in a brown paper bag in a septic tank. We used to have to get up at six o'clock in the morning, clean the bag, eat a crust of stale bread, go to work down mill for fourteen hours a day week in-week out.

Luxury.

Paradise https://youtu.be/VKHFZBUTA4k

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#17

Post by smt88 »

captainmuon wrote: post #6
smt88 wrote: post #2

One wonders how he is a functioning partner to Grimes and/or father to his 7 children when he lives the life of an eccentric bachelor...

Exactly. I would assume one reason for living alone is because he alienated a lot of people close to him. I think it's quite tragic. The other reason is that he could be "broke", as in he has no cash. All of his wealth is in stock of Tesla, SpaceX,... and he cannot sell any of that without loosing control of the companies or pluging the stock price. I think that's also why he sold all his real estate some time ago.

I know he himself has pushed the "no cash" narrative (perhaps to seem more like an underdog or a true believer in the various things he's pumping?) but it's ridiculous.

He could get a loan of $10M, a tiny fraction of his wealth, in minutes. He could collateralize it easily with any of his assets, even if some aren't liquid (although we should consider Tesla stock to be very liquid at this point).

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#18

Post by nickik »

mapmap wrote: post #14
nickik wrote: post #13

Earlier quoted context omitted.

Banks give practically cash loans against your stock. And the idea that the stock price of those companies would collapse if he sold a few million is frankly idiotic.

>Banks give practically cash loans against your stock. This is how taxes are not paid. No income, no tax. No realized capital gains, no tax. Propublica recently went into detail on this.

Doesn't have to do anything with the thread. So not sure how taxes are relevant here. Fact is, Elon doesn't have liquidity problems.

Re: Elon Musk Lives in a Prefab Tiny Home That He Doesn’t Even Own, a Boxabl Casita

#19

Post by mlindner »

ilaksh wrote: post #7
smt88 wrote: post #2

One wonders how he is a functioning partner to Grimes and/or father to his 7 children when he lives the life of an eccentric bachelor...

I am guessing that it's something like, the wife and exes already have houses, he visits them there, he is really just using that place as a way to eliminate his commute.

Well the ex can live where ever she likes and Musk certainly doesn't live with her. The wife&baby though lives with him, as can be seen in many photos.
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