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by kjksf 1527 days ago
Tesla is not the lender, Musk's broker is.

Therefore Tesla has zero input into margin rate broker decides to give Musk.

1 comments

No, Musk has an agreement with tesla that he can only borrow against a quarter of his shares. He's already borrowed against quite a few too. Musk could go to the board to get that number bumped up, but until then he can't just borrow the full $21 billion against his shares.