Some existing car company will probably buy this POS company at about $2.00 per share, or more likely out of bankruptcy. They do not have adequate capitalization to survive.
I think Chinese players would be interested, but in this political climate it's a non-starter.
What Western or Japanese car company would want to buy Tesla? They own some buildings, a slightly tarnished brand, a few car models - and massive liabilities for warranties (think low M3 build quality), leases, lifetime free supercharging, lawsuits, God knows what else. Culture and structure of the business would be very difficult to integrate with any established automaker. IMO they are headed for liquidation.