Report: Elon Musk says he's broke

Can a broke man buy a $125,000 Tesla Roadster Sport? He probably can if he's Elon Musk, the CEO of Tesla Motors who recently wrote in legal documents that, "I ran out of cash." What running out of cash means for a person like Musk (who it looks like still spends around $200,000 a month) and the rest of us is a matter for another day, but it is apparent that Musk, who is going through divorce proceedings, doesn't have as much money as he used to.

Venture Beat took a look at some of the recent court documents files in the divorce case and spoke to Musk and came out with a story that might get Tesla fans a bit worried. We often don't care that much about the personal lives of the people we cover here, but when those lives impact the companies and technology involved, then it's a matter worth investigating. In Musk's case, running out of personal cash means the company might be facing some funding uncertainties down the road. As Venture Beat put it, "Only one thing is certain: Tesla's not getting more money from Musk." Go read the whole article to understand why. H/t to Alvin Singh for the tweet.

[Source: Venture Beat]

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