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Elon Musk Is 'Open' to Buying SVB, Tesla Investor Says 'No Thanks'

By Liam Hoffmann
Published in Tesla
April 01, 2023
1 min read
Elon Musk Is 'Open' to Buying SVB, Tesla Investor Says 'No Thanks'

I read this interesting article about Elon Musk and how he’s “open” to buying a bank called SVB. Apparently, the bank is known for investing in Tesla, which Musk obviously has a connection with. But not everyone thinks it’s a good idea. One Tesla investor, who holds a sizable stake in the company, said “no thanks” to the idea, citing concerns about Musk’s focus being pulled in too many directions.

Personally, I think it would be pretty wild if Elon Musk owned a bank. I mean, the guy already has his hands in everything from electric cars to space travel. But it does make sense that he would want to have more control over the financing aspect of his businesses.

Overall, I think this highlights just how ambitious and innovative Musk is. He’s always looking for ways to push the envelope and shake up the status quo. Whether or not he actually ends up buying SVB, it’s clear that he’s not content with sticking to one industry or field. And that’s what makes him such an interesting figure to follow.


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Liam Hoffmann

Liam Hoffmann

Writer & Tech Enthusiast

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