[londons_explore]

Does the rule apply to all shareholders? I don't really see how a publically traded company can put an arbitrary condition on what can be done like that - any borrowing can be a totally private deal between you and a bank (or another private individual) - Tesla isn't even privvy to such deals, so how can they enforce any rules about them?

[bombcar]

Large shareholders have different rules and restrictions. For example, you can go buy TWTR all you want, but Musk had to report when he had obtained a certain percentage.

Remember that Musk is not only a shareholder of TSLA, but also an employee.