2 ms·
> Presumably if the fine is bigger then the delta between the current share price and what Musk offered, Not necessarily. There's a world where Musk really can
by ncallaway 4y ago
> Presumably if the fine is bigger then the delta between the current share price and what Musk offered,
Not necessarily. There's a world where Musk really can't get the financing together, and stumping up the $44B in cash is too much of a hurdle to be worth-while.
Imagine, you could either pay $1,000 as a fine, or spend $10,000 on a car that you're pretty sure you could sell for $9,200. Obviously, in absolute terms you're better off buying and selling the car. But if you only have $5,000, it might not be worth the hassle to raise the other $5,000 to be able to buy then sell the car. Not to mention the risk that once you get the car, and go to sell it, there's a chance it only sells for $8,800.