Elon Musk's Loan Doesn't Pay Off -- But No Hard Feelings

In 2020, tech mogul Elon Musk agreed to sell one of his Los Angeles homes to filmmaker Jordan Walker-Pearlman and his wife, Elizabeth Hunter, for $7 million. Walker-Pearlman had grown up in the Bel-Air house—the longtime home of his uncle, the late “Willy Wonka & the Chocolate Factory” actor Gene Wilder—and Musk agreed to loan the couple most of the money they would need to buy it.

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“He could have sold it for so much more,” Walker-Pearlman, a film director and writer, told The Wall Street Journal in 2022. “His sensitivity to me can’t be overstated.”

Four years later, an entity tied to Musk has filed a notice of default on the property, the first formal step in the foreclosure process, property records show. ...

Walker-Pearlman and Hunter are cooperating with Musk, Walker-Pearlman said. He is at peace with Musk’s move to foreclose, he said, adding that the billionaire isn’t being “adversarial or mean.”

Ed Morrissey

The headline on the WSJ story leaves the impression that Musk turned hostile, but that's not the case at all. His company is doing due diligence, but the couple plans to sell as they simply can't afford to keep the house and they know it. Read the whole thing; they are grateful for the few years they got to have in the house. 

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