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Elon had roughly the same % of both companies both separately and together, so it's not clear to me how its a big advantage financially for him. From a strateg
by slownews45 5y ago
Elon had roughly the same % of both companies both separately and together, so it's not clear to me how its a big advantage financially for him.
From a strategy standpoint - a no brainer to purchase what is now energy - he knew all the people there, was already working there, had a big stake there, and they may play an important role in his green energy plan.
For everyone saying he should have bought some chinese solar co - he's focused ons speed, and getting up to speed on a new solar company - why?
Secondarily, how are those solarcity or tesla shareholders doing? How is tesla energy doing? You got to be able to take some risks as the boss, that's why he is there. And no question he takes risks.