3 ms·
Well there are some restrictions imposed on Tesla by this load. See http://www.businessinsider.com/elon-musk-borrows-150-million-to-buy-tesla-2013-5 http://www
by cjg_ 13y ago
Well there are some restrictions imposed on Tesla by this load.
See http://www.businessinsider.com/elon-musk-borrows-150-million-to-buy-tesla-2013-5 http://www.businessinsider.com/elon-musk-borrows-150-million...
There is says that the loan requires Musk to have a 65% ownership of the company which of course is expensive to maintain when they are raising money.