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Personally I don't Musk had a choice. If he didn't do what he did then very likely Tesla would be bankrupt by now because of its debt obligations + short seller
by tinkerteller 8y ago
Personally I don't Musk had a choice. If he didn't do what he did then very likely Tesla would be bankrupt by now because of its debt obligations + short sellers. The short sellers counted on it. The choices he faced were go bankrupt and lose company or do this risky move and hope SEC lets you go with slap on the wrist.