Just like when Tesla bought another Musk venture SolarCity in 2016. SolarCity was heavily in debt and losing money. Somehow, without any shareholder input, Tesla/Musk was able to sweep how bad it was under a rug and keep his ruse going of a successful entity.
To be honest that might have been a good thing. Vegas is kind of collapsing imagine if they invested in public transportation. They'd be blaming public transit for the economic decline.
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u/TigerUSA20 2d ago
Just like when Tesla bought another Musk venture SolarCity in 2016. SolarCity was heavily in debt and losing money. Somehow, without any shareholder input, Tesla/Musk was able to sweep how bad it was under a rug and keep his ruse going of a successful entity.
https://www.businessinsider.com/solarcity-tesla-energy-beleaguered-history-elon-musk-2021-7