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>there is no reason for Tesla to have purchased Solar City. It was an extremely financially stupid and ego-maniacal deal... I think you're speculating. There
by jaredhansen 10y ago
>there is no reason for Tesla to have purchased Solar City. It was an extremely financially stupid and ego-maniacal deal...
I think you're speculating. There are lots of plausible reasons. For example, see S+C's Alex Danco's series on this: https://medium.com/@alexdanco/in-a-world-of-energy-mainframes-our-pc-meet-the-internet-moment-is-very-close-dc3484eb4014#.5edvsqjc2 https://medium.com/@alexdanco/in-a-world-of-energy-mainframe...
Could it all go horribly wrong? Well sure, of course. But that doesn't mean that the Tesla board is composed of idiots.
edit: See also this thread, related:
https://news.ycombinator.com/item?id=12402366 https://news.ycombinator.com/item?id=12402366
- forgetsusername 10y ago>I think you're speculating. There are many solar companies. Perhaps there are synergies with Tesla. But why SolarCity, specifically? What was outstanding about them as a target?
- whamlastxmas 10y agoIt's silly to expect someone to prove the point for you. Either argue why SolarCity wasn't a good choice or go ahead and assume that Elon Musk isn't a total idiot and had good reasons to buy it.
- farcical_tinpot 10y agoErrrr, it's haemorrhaging cash? There are plenty of other solar companies that don't have those overheads and would be cheaper.