Tesla Makes Offer to Acquire SolarCity

Re:Tesla Makes Offer to Acquire SolarCity by suavesav on Tuesday June 21, 2016 @05:20PM (#11949504)

With 98.1 million shares outstanding and an offer price of $26.5 - $28.5 per share. This puts the potential cost of acquisition between $2.6 billion and $2.8 billion.

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Re:Tesla Makes Offer to Acquire SolarCity by revelation on Tuesday June 21, 2016 @05:49PM (#11949700)

It's all stock, so the only "cost" is a devaluation of Tesla stock. That does matter somewhat for Tesla what with how frequently they raise new money.

I guess the losses of SolarCity will be an ongoing cash flow issue. I'm curious where SolarCity went wrong, their business was basically a bank investing solely in solar projects.

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Re:Tesla Makes Offer to Acquire SolarCity by aerovistae on Tuesday June 21, 2016 @05:32PM (#11949563)

Yes, I too am extremely curious how this factors into Tesla's expenditures plan....where do they find the money for these things?? He must have been planning this for some time.

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Re:Tesla Makes Offer to Acquire SolarCity by pns on Tuesday June 21, 2016 @05:45PM (#11949671)

It's an all-equity deal from the letter

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Re:Tesla Makes Offer to Acquire SolarCity by aerovistae on Tuesday June 21, 2016 @05:47PM (#11949689)

Oh...of course. This makes a lot of sense.

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