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In principle he's the same as any other citizen. If you don't do as the court tells you, you're in contempt and can even be held in prison indefinitely if need
by rich_sasha 4y ago
In principle he's the same as any other citizen. If you don't do as the court tells you, you're in contempt and can even be held in prison indefinitely if need be.
It would be a very interesting test of the US state machinery, which maintains there are no all-powerful oligarchs.
- cloutchaser 4y agoBut to just play this game. Lets say he goes to prison until he complies. Are there any banks that would finance this deal then? What if they don't? Is he kept in prison until he sells $44bn worth of tesla shares and pays cash for the deal? It's a pretty interesting thought experiment.
- rich_sasha 4y agoI suspect with him in prison, the court could enforce the sale of his assets. I think the theoretical answer is, yes, the court can physically force cash transfer even if Musk refuses to cooperate. Prison is just a part of it (though I can't see Musk keen to explore that). But then he's got expensive lawyers and so on, to me this is the interesting side of the thought experiment.
- jorams 4y agoThe banks are already committed to their part of the financing. The rest has to come from Musk, and the court could force him to come up with it.