In short, SolarCity shareholders know what they’re getting with this merger — an unexpected bailout. Tesla shareholders are not so fortunate, and SolarCity’s bad balance sheet may be the least of what they have to deal with.
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Tesla: Please Help Fund Our Ludicrous Project!
Summary
- Tesla possibly transitioning to 503(c)(3) organization by asking for $135K “donations” to fund its next project.
- Being a charity might be a good fit as it continually needs cash and is already “tax exempt” in that it may never pay taxes.
- The champion of sustainability has accelerated Ludicrous mode for those who can pay the price.
- In a ludicrous twist, begging for orders probably confirms that the company will be going from 2.5 (billion) to zero (cash) more quickly than anyone anticipated.
- Meanwhile…in the real world, Bosch, Mobileye, and Delphi are doing much more interesting things.
Elon Musk’s, Rives’ SolarCity bond purchases are ‘very odd’
Elon Musk’s purchase of $65 million of SolarCity debt is highly unusual and does not send a good signal to investors, says a corporate governance scholar.
Read more "Elon Musk’s, Rives’ SolarCity bond purchases are ‘very odd’"Elon Musk’s Tesla plans are all futuristic promise with no product
Author: Edward Niedermeyer Source: AFR Elon Musk’s second “master plan” for Tesla Motors arrived much like one of the electric automaker’s cars: brilliant and inspiring, but late and rough around the edges. And like Tesla’s desirable yet quality-challenged cars, Musk’s vision is sure to be embraced and evangelised by anyone who was already convinced that […]
Read more "Elon Musk’s Tesla plans are all futuristic promise with no product"Tesla’s Price Tag for ‘Masterplan Part 1′? A $4.2 Billion Hole
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’s ‘Master Plan’ Is All Promise, No Product
Elon Musk’s second “master plan” for Tesla Motors arrived much like one of the electric automaker’s cars: brilliant and inspiring, but late and rough around the edges. And like Tesla’s desirable yet quality-challenged cars, Musk’s vision is sure to be embraced and evangelized by anyone who was already convinced that Tesla is destined to dominate the car […]
Read more "Tesla’s ‘Master Plan’ Is All Promise, No Product"News & Sources: Why we shouldn’t Trust Elon Musk’s Autopilot
There is consensus in the news and tech industries about one thing: Why does Elon Musk keep on touting the autopilot feature when it is far from being true autopilot? Meanwhile Elon Musk plans to continue his autopilot program. Why? Some say to use consumers as a base to test their products. Others say it […]
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