Yesterday, Elon Musk officially placed a bid to buy OpenAI, the company behind ChatGPT, for an eye-watering $97 billion.
This has sparked concerns among Tesla investors that Elon Musk will have to sell a significant portion of his Tesla shares to raise the money necessary for the deal.
Yes, Elon Musk is the richest person in the world, worth over $400 billion. However, most of his net worth is tied up in his shares in Tesla, SpaceX, Twitter, and other ventures.
And, what makes Tesla unique among Elon Musk’s companies is that it is the only publicly traded company in Musk’s portfolio.
This means if Musk needs quick cash, he will most likely get it by selling his Tesla shares.
Currently, Musk owns 412 million Tesla shares worth $150 billion. As of writing, this amounts to a little over 13 percent of the company.
However, before his…
