### Comment:
Do you think that TSLA could be acquired for greater than $50/share? That seems like the biggest risk to your thesis.

### REPLY:
It doesn’t matter, unless that owner can buy enough to overrule Elon, swallow multiple poison pills (they’ve got a golden parachute a few others I recall, making them a poor takeover target), and is willing to sink in another $2 billion dollars into the company to keep it afloat. The stock is worthless after they file for chapter 11, it is owned by the creditors at that point.

### END.