Conference on Acquiring SolarCity
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Mr. Musk’s logic and assumptions are deeply flawed about SolarCity and Tesla
Summary We use Tesla’s SolarCity acquisition conference call language to show why Mr. Musk’s logic and assumptions are deeply flawed. We believe the transaction has negative synergies and SolarCity’s costs are likely to increase. SolarCity is not only unsuited to Tesla but there is inherent conflict of interest between the companies when it comes to […]
Read more "Mr. Musk’s logic and assumptions are deeply flawed about SolarCity and Tesla"Days of ‘Malaise’ and Jimmy Carter’s Solar Panels
“A new solar hot water heating system being installed at the White House costs thousands of dollars more that the original estimate and it probably won’t pay for itself in energy savings, officials said.” So went the lede of a story in the Associated Press and reprinted in the Washington Post on April 6th, 1979 […]
Read more "Days of ‘Malaise’ and Jimmy Carter’s Solar Panels"Sorry, SolarCity: Solar Power Still Isn’t Competitive
“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"Tesla Can’t Win This One
“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"SolarCity Destined for Bankrupcy
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"Has Elon Lost his Touch?
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?"