“You might have caught the news: Tesla Motors and Solar City are expected to merge. Tesla CEO Elon Musk hopes it will help usher in a new era of affordable solar energy — but the change isn’t happening anytime soon. Never mind the hefty losses both companies incurred last year. It’s not about the companies themselves. It’s about […]Read more "Sorry, SolarCity: Solar Power Still Isn’t Competitive"
“Either Tesla loses because the deal is completed or Tesla loses because it not being completed requires losing faith on Elon Musk’s unbelievable promises and infallibility.” Tesla Is Built On Faith Tesla has made many unlikely promises. Things like bringing the Model 3 to fruition already during 2017 and to sell 100k of those cars […]Read more "Tesla Can’t Win This One"
Stocks Plummet and Musk seeks Bail-Out What is the SolarCity Controversy? For many consumers, the installation of solar panels means clean energy and savings in the long-term, so what’s the controversy and why has Tesla offered to acquire the company if it is such a success? SolarCity leases solar panels to consumers for home installation, […]Read more "Elon’s Corrupt SolarCity Acquisition"
Why Solar City has a date with destiny. Point 1: Basically: Solar City is deceiving investors. “Stated differently, you can run a company that burns $100s of millions of dollars in cash, yet take on massive amount of debt/leverage, and include this in your definition of free-cash-flow, and Abracadabra you’re a good business. At best […]Read more "SolarCity Destined for Bankrupcy"
LOST GOLDEN TOUCH? The quiet support was drowned out by criticism as the stock fell. This deal feels like (Musk) has lost his Midas touch. I also feel like Musk is trying to do too much,” said well-known investor Jeffrey Gundlach, chief executive at DoubleLine Capital, which does not hold Tesla shares. Investors who short […]Read more "Has Elon Lost his Touch?"
Liberal billionaire Elon Musk is using his taxpayer-backed space company to prop up his ailing taxpayer-backed solar panel company. Musk’s SpaceX will pump another $75 million into SolarCity, according to a Monday report by a financial news outlet. SolarCity offered to sell $95 million in short-term bonds with a very high interest rate of up […]Read more "Elon Musk Spends $75 Million to Prop up Solar Company… Again"