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Copy pasting my reply from a different thread on that topic: You think that if he paid completely up front he wouldn't care about cutting costs? Why? The press
by dnissley 4y ago
Copy pasting my reply from a different thread on that topic:
You think that if he paid completely up front he wouldn't care about cutting costs? Why? The pressure would still be there -- it would just be in the form of pressure to recoup his investment
- marcinzm 4y agoWith debt interest he needs to squeeze money NOW versus in the future. In either case he overpaid severely for a company and now needs to squeeze money out of it at some point. Point stands that this is 99% Elon.
- fisherjeff 4y agoI mean, some pressure would still be there. I don’t think it’s at all comparable to the minimal cashflow and $85MM interest payment due in a month kind of pressure.