4 ms·
Not necessarily - bankruptcy is not the same as defaulting. Bankruptcy, or threatening it, would be an effort to prevent default and instead renegotiate the exi
by eeyan 4y ago
Not necessarily - bankruptcy is not the same as defaulting. Bankruptcy, or threatening it, would be an effort to prevent default and instead renegotiate the existing debt, likely with lenders taking a signficant haircut.
- onlyrealcuzzo 4y agoThey're not going to take a haircut when Musk personally secured the loans...