It’s not that Musk had made some rational calculation—that if you’re worth $22 million, you can just afford to buy a new one. Rather, Thiel said, Musk hadn’t bothered to consider the possibility of a crash. “The first thing Elon told me as we were in this totaled car was, ‘You know, wow, that was really intense, Peter. I read all these stories about people who made money in Silicon Valley, who bought sports cars and crashed them. And I knew this would never happen to me.’ ”