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by drexlspivey 1435 days ago
Can they force all the banks that agreed to loan them money to go through with it?
5 comments

How Musk gets the money in order to fulfill a contract he's entered into is immaterial unless he goes completely insolvent and still can't fulfill it, which will not be the case.
They can force Musk to sell his other assets to complete the deal.
As long as Musk has ~40 billion of Tesla stock and can get ~20 billion additional dollars in cash (can get, not just has already), yes.
They can force his banks to sell enough Tsla shares to buy it
The banks also signed contracts stating they’d loan the money using Tesla shares and Twitter equity as collateral. They can’t get out of that contract just because musk wants them too.