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Episode 429 - Meet Elon Musk, Technocractic Huckster

The Corbett Report Podcast

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Using Tesla Stock to Get Real Real Money in Musk's Pockets

Musk served as CEO of the PayPal conglomerate until 2000 and remained its largest shareholder until it was bought out by eBay in 2002 for a cool $1.5 billion. From there Musk founded SpaceX, which borrows money from the government at ridiculously low interest rates to fund his other ventures. Neither Tesla nor SolarCity actually make money, no this was 2019, but in the age of entities like YouTube, perhaps we can chalk that up to the new normal.

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