they will crazy low interest rate. Like not almost nothing. They will just transfer you today 25 million dollars in cash and you will have to pay no tax. And guess what? If the stock comes down, they'll just sell it. So, you'll never really have like a a real sort of tax liability there. I couldn't believe this was possible. I was like, is this what all the rich people do? And they told me, yes, this is what how it works. This is what Elon's doing. Elon is taking a tax-free pretty much tax-free loan against his Tesla stock and they're transferring him a billion dollars in cash. And he can live off that, start new companies with
Elon is taking a tax-free pretty much tax-free loan against his Tesla stock and they're transferring him a billion dollars in cash.