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With 98.1 million shares outstanding and an offer price of $26.5 - $28.5 per share. This puts the potential cost of acquisition between $2.6 billion and $2.8 bi
by suavesav 10y ago
With 98.1 million shares outstanding and an offer price of $26.5 - $28.5 per share. This puts the potential cost of acquisition between $2.6 billion and $2.8 billion.
- aerovistae 10y agoYes, I too am extremely curious how this factors into Tesla's expenditures plan....where do they find the money for these things?? He must have been planning this for some time.
- pns 10y agoIt's an all-equity deal from the letter
- aerovistae 10y agoOh...of course. This makes a lot of sense.
- revelation 10y agoIt's all stock, so the only "cost" is a devaluation of Tesla stock. That does matter somewhat for Tesla what with how frequently they raise new money. I guess the losses of SolarCity will be an ongoing cash flow issue. I'm curious where SolarCity went wrong, their business was basically a bank investing solely in solar projects.