Goldman Sachs Plays A Rotten Role In Tesla-SolarCity Deal

Summary

  • You’ve not met Aswath Damodaran? Allow me to introduce you.
  • Damodaran lays bare the many follies & misdeeds behind the TSLA-SCTY fairness opinions.
  • In the Tesla fairness opinion kitchen, Goldman Sachs wrote the recipe, furnished the ingredients, and supplied the spoon; Evercore and Lazard merely stirred the pot.
  • Goldman Sachs has been consistently wrong in forecasting Tesla performance, and (very quietly) already has slashed the 2017 revenue forecast it gave Evercore and Lazard.
  • Ben Kallo stops by with an important reminder for us all.

Read More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s