>I hardly think they've made more than a token profit in the eight years since. I want to push back on this a little: Tesla Energy's revenue was $2.79B in 2021

>I hardly think they've made more than a token profit in the eight years since. I want to push back on this a little: Tesla Energy's revenue was $2.79B in 2021, while SolarCity's revenue topped out at $735M in 2016 just before acquisition. SolarCity had seen 82% YoY revenue growth 2015-6, and apparently averaged 30% YoY growth for the next five years. That's not necessarily a great purchase, but it's not terrible. >the Twitter purchase More than anything, it was astonishingly bad timing. Few investors have ever managed to buy effectively $40B worth of tech stocks right before the whole NASDAQ collapses. But even fewer can time the market!