Re:Tesla Plunges After a Conference Call
by dragonwriter on Thursday May 03, 2018 @04:18PM
(#16989524)
> If Tesla folds, how much will they be able to refund to customers ? I guess it's probably written on the deposit contract.
If it's a bankruptcy (and why would they told before that point?), whatever he deposit contract or general principles of law suggest for a going concern would be the upper limit of refunds, but the actual value would be dependent on what assets were left and what other claims were competing.
If it's a bankruptcy (and why would they told before that point?), whatever he deposit contract or general principles of law suggest for a going concern would be the upper limit of refunds, but the actual value would be dependent on what assets were left and what other claims were competing.