How do you know when a "handshake" deal is a done deal?
Elon Musk has an analogy for that.
On the witness stand Monday as he defended his Tesla take-private tweets from 2018, Musk explained: If a bank tells you they'll support your desire to buy a house, and you then agree to buy a house, the bank will give you a mortgage as a matter of course. "You still do that paperwork to do the transaction, but the transaction will go through," he said in court at his fraud trial.
