Copy pasting my reply from a different thread on that topic:
You think that if he paid completely up front he wouldn't care about cutting costs? Why? The pressure would still be there -- it would just be in the form of pressure to recoup his investment
With debt interest he needs to squeeze money NOW versus in the future. In either case he overpaid severely for a company and now needs to squeeze money out of it at some point. Point stands that this is 99% Elon.
I mean, some pressure would still be there. I don’t think it’s at all comparable to the minimal cashflow and $85MM interest payment due in a month kind of pressure.