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A comment on $50M worth of Tesla equipment sits unused in a Wheatfield warehouse. Parent comment

Re:$50M worth of Tesla equipment sits unused in a Wheatfield... by zelon88 on Wednesday March 04, 2020 @12:11PM (#22485533)
Contracts between entities don't just disappear when the entities involved change hands. Pending business arrangements should have all been factored in to the equity of the purchase.
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Re:$50M worth of Tesla equipment sits unused in a Wheatfield... by pbreit on Wednesday March 04, 2020 @01:45PM (#22486537)
Sure. But inheriting a deal is very, very different from originating a deal.
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Re:$50M worth of Tesla equipment sits unused in a Wheatfield... by Animats on Wednesday March 04, 2020 @02:22PM (#22486990)
No, it's not. In an acquisition, you acquire the liabilities as well as the assets.
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Re:$50M worth of Tesla equipment sits unused in a Wheatfield... by manfredo on Wednesday March 04, 2020 @05:37PM (#22488920)
Right. But the point is, depicting this as though Tesla bought $50M in solar equipment and just left it to sit in a warehouse is misleading. In reality, Tesla bought a company which bought another company which had $50M in solar manufacturing equipment. The fact that they aren't using assets which were brought into Tesla's possession with three layers of indirection is a lot less surprising.
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Re:$50M worth of Tesla equipment sits unused in a Wheatfield... by jrumbut on Wednesday March 04, 2020 @04:21PM (#22488282)
This was an acquisition, not an inheritance. Though maybe he would have inherited control in the fullness of time since it came from his half brothers.
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Re:$50M worth of Tesla equipment sits unused in a Wheatfield... by formercoder on Wednesday March 04, 2020 @12:25PM (#22485666)
They can have change of control provisions.
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