by chasingtheflow on 8/1/16, 12:03 PM with 139 comments
by icc97 on 8/1/16, 2:24 PM
Certainly for any global expansion, I don't think many people outside the US know about Solar City. Where I am in Belgium, Tesla cars are about as prevelant on the roads as Range Rovers and everyone from my nephew to my mother in law knows about it.
As they also say it's a way to get people to the Tesla Stores which should benefit Tesla in a similar way to Apple stores.
by bronz on 8/1/16, 7:39 PM
if elon musk wanted to make more money he could have done it in other ways with much less risk. founding spacex and tesla only make sense if there was some genuine desire to make the world a better place. a man who put everything on the line for these visions and nearly lost everything would, upon surpassing everyones expecations or even their wildest dreams, suddenly become a shady fraudster and initiate a shady scheme to make a little money? that makes no sense.
i get so mad at people who are constantly detracting from tesla or evs in general. it is so ironic that the one company that isnt trying to fuck people over, perhaps the only large company that has nothing but the betterment of the world on the agenda, is constantly berated and dismissed by everyone.
by chollida1 on 8/1/16, 1:07 PM
http://files.shareholder.com/downloads/ABEA-4CW8X0/254764622...
After the deal closes, expected to be Q4 2016, the ownership split will be:
93.5% Tesla / 6.5% SolarCity
Interestingly, this is an all shares deal. With most people assuming Telsa will need to raise another large round soon to fund full scale production of the Model 3 it will be interesting to see what sort of terms, if any, Tesla will need to give investors to raise.
Current shareholders don't seem too put off the by constant dilution of this acquisition or the constant equities raises. Tesla's short interest is high as always, so they continue to be one of the most polarizing companies around:)
Fun note in the presentation, Solar City has a shop window in the deal where they can take this deal and shop it to other companies to try and get a better deal. Anyone want to take a bet as to whether or not they actually try and shop this deal at all?
by swalsh on 8/1/16, 4:40 PM
However, even if we did move ALL cars off gas, the emissions problem is still very large, and solving it could reduce emissions by 65% [1]. This seems to be a 2 pronged approach, reduce car emissions, and reduce generic energy emissions. This alone won't solve the crisis, but it's a significant contribution.
by impostervt on 8/1/16, 12:58 PM
Though the hyperloop is a bit shady too. I guess he's not really involved in it anymore though.
by drwdal on 8/1/16, 12:54 PM
by overcast on 8/1/16, 2:06 PM
by sebringj on 8/1/16, 3:31 PM
by yladiz on 8/1/16, 4:29 PM
by ww520 on 8/1/16, 5:53 PM
by jharohit on 8/1/16, 3:24 PM
by jeffmanu on 8/2/16, 12:18 AM
by ilaksh on 8/1/16, 8:55 PM
Because the Tesla battery is 60 kW, so its basically like 10 Powerwalls that you can drive around. Instead of storing it on the wall in your garage, it is lying horizontal in the car.
Sort of amazing that people are not making this connection.
by manmal on 8/1/16, 1:47 PM
by perseusprime11 on 8/1/16, 1:19 PM
by CptJamesCook on 8/1/16, 6:49 PM
by afsina on 8/1/16, 1:00 PM
by mhurron on 8/1/16, 1:58 PM
Look, I could not help but make that stupid joke when it fits so well.
by nstj on 8/1/16, 4:35 PM