Not only does Musk owe a lot of money to his creditors, but he’s knee-deep in litigation that one might argue would never have been necessary had he abided by existing legal agreements, contracts, and labor law. Yes, it can save money in the short-term to stiff your landlord and cloud provider, or to forego state law-mandated severance payments. But it creates a lot of billable hours for lawyers and expensive potential settlements, along with the threat of regulatory enforcement. (As for reputational damage, Musk doesn’t seem to care.)
ICYMI | We Got a Judge to Unseal a List of X's Shareholders
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