Author: Paul Vigna Source: Wall Street Journal Elon Musk created a minor firestorm over the weekend, as well as nice little pop for his stock, when he sent out a tweet flogging his road map for the next phase of Tesla Motors: “Working on Top Secret Tesla Masterplan, Part 2. Hoping to publish later this […]
Read more "Tesla’s Price Tag for ‘Masterplan Part 1′? A $4.2 Billion Hole"Tesla is reportedly being investigated by the Securities and Exchange Commission (SEC) over a potential securities law breach regarding the disclosure of the fatal Model S crash in Florida while the driver was using the Autopilot. The investigation is believed to be aiming to determine if the news of the fatal crash was a material information […]
Read more "Tesla (TSLA) SEC investigation: what could happen if there’s a securities law violation"SolarCity and Tesla Motors’ boards of directors are close. Critics say they are too close to be truly objective about Tesla’s $2.8 billion bid to buy SolarCity. A majority of SolarCity’s directors already have recused themselves from making decisions about the Tesla bid. So entangled are the ties between the two companies that SolarCity’s special […]
Read more "The deep ties between Tesla and SolarCity’s boards of directors"Summary Tesla’s explanation of vertical integration benefits from a SolarCity acquisition belies a lack of understanding of what vertical integration means and its associated benefits and costs. The Tesla identified forward and backward integration benefits created from a SolarCity acquisition are murky at best and do not necessarily correspond to traditional vertical integration value levers. […]
Read more "Disproving Elon Musk’s “Vertical Integration Theory” for Tesla-SolarCity Deal"Summary Tesla has proposed an exchange of shares that at the midpoint equates to paying $27.50/share for SCTY. The market is telling us this deal is no good. Just how bad is this deal? We crunch the numbers and show that, even in the most optimistic cash flow scenario for SCTY, Tesla should pay no […]
Read more "Tesla uses Investors $7.4 Billion to bail out SolarCity"It’s deja vu. Jim Chanos just used the V-word. CNBC reported this morning that the famed short-seller, who was early in spotting problems at energy disaster Enron, says Tesla Motors TSLA 0.92% reminds him a lot of certain troubled drug company: Valeant Pharmaceuticals VRX 1.13% . Tesla, Chanos noted, has seen eight executives leave the […]
Read more "Here’s the Thing About Tesla That Most Reminds Jim Chanos of Valeant"
