Not surprising, this is actually the least-shitty path for Musk now.
He fucked up and his other alternatives were waaay more expensive (e.g. being forced to sell more stock and lose control of TSLA, shorters have a field day, people lose confidence on TSLA even though FSD is "one month away from working", it could all go down because of this).
No one sheds 44B "to honor a deal", at least not him, lol.
Epilogue: Matt Levine was on point all the time, I'd like to hear now from all the folks who were saying that Musk was going to get away with it.
inb4 "it was all 4D chess, this is what he wanted" Yeah, sure pal ...
He fucked up and his other alternatives were waaay more expensive (e.g. being forced to sell more stock and lose control of TSLA, shorters have a field day, people lose confidence on TSLA even though FSD is "one month away from working", it could all go down because of this).
No one sheds 44B "to honor a deal", at least not him, lol.
Epilogue: Matt Levine was on point all the time, I'd like to hear now from all the folks who were saying that Musk was going to get away with it.
inb4 "it was all 4D chess, this is what he wanted" Yeah, sure pal ...