Elon Musk, founder of Tesla, is foreclosing on a $7 million Los Angeles home he helped filmmaker Jordan Walker-Pearlman buy. This house was previously owned by Walker-Pearlman’s late uncle, actor Gene Wilder.

**Key Developments:**
– In 2020, Musk sold the property to Walker-Pearlman and his wife, Elizabeth Hunter, providing most of the funds.
– The couple has defaulted on their $6.7 million loan, prompting the foreclosure process.
– Despite this, they are listing the house for $12.95 million.
– Walker-Pearlman described his experience as positive, emphasizing Musk’s generosity, and noted challenges from last year’s entertainment industry strikes affected their ability to pay.
– Musk’s representatives reportedly have no intention of proceeding with a forced sale.

**Background on Musk’s Real Estate Moves:**
– Musk, who previously vowed to eliminate his property holdings, sold seven properties for about $130 million in 2020 but has since considered buying or building a home in Texas.
– There are speculations about his living arrangements, including possible preferences for affordable manufactured homes.

This situation highlights Musk’s complex real estate journey and the impact of external factors on financial stability in the entertainment sector.