Author: Rob Tracinski Source: Real Clear Future Elon Musk just unveiled part two of his “master plan” for Tesla, but somehow instead of seeming ambitious and visionary, it seems a bit delusional. The most immediate and practical parts of the new plan consist of doing what others are also doing, like working on electric buses. But Musk […]Read more "The Autopilot Fiasco Could Crash Tesla’s Master Plan"
The autonomous program isn’t meant for most types of driving, and the automaker compares its new luxury vehicles to older, cheaper cars. After years of hype about its autonomous driving system, the facts are coming out about how safe Tesla and Autopilot really are. Elon Musk’s company admits three of its vehicles have crashed while […]Read more "How Tesla and Elon Musk Exaggeraged Safety Claims About Autopilot and Cars"
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"