Tesla Broke But Not Dying

Tesla founder Elon Musk states that he is "broke" on the eve of his company Tesla Motors going public.

Musk, who sold his previous company, PayPal, to eBay for $1.5-billion, now says he's broke....

"About four months ago, I ran out of cash," he wrote in a court filing dated Feb. 23, and first reported by VentureBeat, a Silicon Valley blog.