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Looking for Sun Under the Hood of the Tesla-SolarCity Deal
- Nokinside 10y agoMusk's rationale for this deal looks suspicious. Electric cars and electricity generation have very little synergy. Musk is big owner in both. His relatives are involved with SolarCity. This looks like a attempt to boost SolarCity using Tesla's stock owners money. http://www.nasdaq.com/symbol/scty/interactive-chart?timeframe=2y&charttype=line http://www.nasdaq.com/symbol/scty/interactive-chart?timefram...
- jeromeflipo 10y agoThe transaction is in shares only. Musk can't gain much financially since he owns ~22% of each company.