Elon Musk PayPal co-founder

It is a report by Andrew Ross Sorkin about the Elon Musk that when the divorce procedure of Elon Musk with the novelist Justine Musk was in progress, he surprisingly claim to the media that he is a broke which creates a great shock to him as well as other industrialists as he is the person who is a cofounder of Platalk. It was quite surprising to hear such kind of words from such a great person.

According to his words the personal fortune of Elon Musk is not a matter of prideful life. He will be on bad financial now, if he cashed out early his Tesla loan which he had taken from the Energy Department. The Energy Department now requires Musk must now pay at least 65 percent of Tesla loan to them. But it is seemed to be quite difficult as he is now unable to continue the regular cash flow in an eminent manner.

Musk was provided by a loan of $465 million from the Energy Department and if he didn’t pay the loan on time then his loan will technically went into the default condition. So, let us see that whether Musk will pay 65 % of loan amount to Energy Department or not.