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> Two years before this, in 2016, Tesla bought the unprofitable SolarCity at a price that's truly ridiculous considering Tesla's share price today. I hardly thi
by FireBeyond 4y ago
> Two years before this, in 2016, Tesla bought the unprofitable SolarCity at a price that's truly ridiculous considering Tesla's share price today. I hardly think they've made more than a token profit in the eight years since. The thing seemed like a spur-of-the-moment decision.
It was literally to save a company his brother was heavily invested into from bankruptcy, and using Tesla to do so.