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Elon Musk Forecloses on Filmmaker’s Childhood Home After Financing Purchase

Elon Musk, the CEO of Tesla, is foreclosing on a $7 million Los Angeles home he previously helped filmmaker Jordan Walker-Pearlman purchase. This home has sentimental significance, as it was the childhood residence of Walker-Pearlman’s late uncle, actor Gene Wilder.

**Key Details:**
– In 2020, Musk sold the home to Walker-Pearlman and his wife for $7 million, contributing most of the funds himself.
– The couple is now in the foreclosure process due to defaulting on their $6.7 million loan.
– They have listed the property for $12.95 million, aiming to cover their debts.
– Walker-Pearlman emphasized that Musk has been supportive and understanding, citing the impact of Hollywood strikes on their finances.
– Musk’s representatives reportedly have no intention of proceeding with a forced sale, according to Walker-Pearlman.

**Context:**
– In 2020, Musk made headlines by pledging to sell his properties to “own no home,” which he mostly followed through on by selling seven homes for nearly $130 million.
– However, rumors of Musk purchasing a mansion soon after surfaced, along with plans to build a unique home in Austin, Texas.

Despite the ongoing foreclosure situation, Walker-Pearlman maintains a positive outlook, viewing the circumstances as part of their mutual agreement with Musk.

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