Correct, suppliers etc are higher on the liquidity preference than debt. If something were to go wrong, its most likely that Tesla would get a soft landing (e.g

Correct, suppliers etc are higher on the liquidity preference than debt. If something were to go wrong, its most likely that Tesla would get a soft landing (e.g acquisition by Toyota) that would pay debtors significantly more than equity holders, but doubtful it would be 100% of what is owed in that scenario.