"The company hasn’t set aside funds for vehicle buybacks from consumers. It could, however, potentially sell off parts of the business to a buyer that would then be able to offer warranties to existing owners and service the vehicles."
What? That's not how this works. Demand a refund [1]. Then you have claims for a bankruptcy.
Refunds on the 6500 vehicles would require over $400M though, the companies market cap yesterday was $9M, which suggests that there isn’t anything to pay for refunds.
