Technically speaking, true. If Musk's margin was called though and he was forced to sell shares in Tesla to cover, that would most definitely have an effect on

Technically speaking, true. If Musk's margin was called though and he was forced to sell shares in Tesla to cover, that would most definitely have an effect on the Tesla stock. In a way I see that as Tesla being involved, also since it is value and trust generated by Tesla that Musk is bargaining with.