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Wouldn't Big Auto have to be bankrupt for Tesla to not inherit all the contractual/regulatory baggage holding Big Auto back? If the US hadn't bailed out Big Au
by pengaru 2y ago
Wouldn't Big Auto have to be bankrupt for Tesla to not inherit all the contractual/regulatory baggage holding Big Auto back?
If the US hadn't bailed out Big Auto then maybe someone like Tesla would have been able to pick up the usable parts for pennies on the dollar.
But as things stand today, why would Tesla want Big Auto's problems?
- technofiend 2y agoYou spin off a company with all those obligations and pay it a pittance to take them on as supposed assets, soon after it declares bankruptcy. Now your new megacorp is free of all those pesky contracts.