On top of potentially violating his settlement with the SEC, the pressure put on Tesla stock as a result of the embattled CEO's latest meltdown all but assures that Tesla will have to fork over $920 million in cash to handle a March 1 convertible debt maturity, as the company's stock remains below the bond's VWAP conversion price of $359.87.

Bondholders have until Wednesday to figure out if they want to convert to equity or receive cash, according to Bloomberg which notes that it is "unlikely" that they will opt for equity. Converting to equity would result in about 85% of the par value Tesla would pay out in cash, making it an easy decision for creditors. 

The company reported that it had $3.7 billion in cash at the end of 2018 and while that is more than enough to make the payment, skeptical eyes continue to watch the company's cash position closely. To assuage investor fears, at the end of Q4, Tesla said it had "sufficient cash on hand to comfortably settle in cash our convertible bond that will mature in March 2019." Tesla also said it would settle the conversion with a 50-50 split of cash and stock for any bondholders who wanted to convert.