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That's not possible since Elon's leveraged buyout saddled the company with $13billion in debt. The only way out of that hole would be via bankruptcy.
by downWidOutaFite 3y ago
That's not possible since Elon's leveraged buyout saddled the company with $13billion in debt. The only way out of that hole would be via bankruptcy.
- Zigurd 3y agoI doubt the debt could be renegotiated without the creditors effectively taking control and requiring management changes. To put it another way, bankruptcy would wipe out out equity holders and their control over management.