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What happens to third party financing after rejecting a VIN?

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I'm picking up my Y this week but was wondering what would happen if I rejected my Y after my credit union already sent the check to Tesla. My loan started and my first payment is the end of this month. Would I just give my credit union the new VIN since the loan amount doesn't change?
 
Often times, you will be required to essentially apply for a new loan if it's a new ViN, you need to ask your CU. Did your CU really already mail the check? Can you ask them to cut you a cashier's check to Tesla so you can take it with you? There's a nightmare situation going on with a Model X buyer where he's got no car, Tesla has the money, and payments are due... I am picking up a car next week but my CU said they will cut me a check to take with me.