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It should happen. A shareholder suit will probably happen because Tesla's board is toothless. But nothing must happen that forces that choice. A likely short t
by Zigurd 4y ago
It should happen. A shareholder suit will probably happen because Tesla's board is toothless. But nothing must happen that forces that choice.
A likely short term outcome is that Musk runs out of easy borrowing capacity, and that snowballs into worse terms on debts where Tesla shares have been pledged as collateral. Separately, since the LBO debt is backed by Twitter equity, the banks could end up owning Twitter.