Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We are on the same page with he cares about investors but, you aren't thinking about the fact that most investors are stupid. On top of that most of the articles/reactions to this buyout that are occurring are negative because it generates hits, money, and advertising dollars. The box is very tiny and if you are outside it the world might as well be coming to an end.
He is right about combining companies. The price is too low and he's playing on the stupidity of investors. There is $2.7 billion built into this company, Solarcity as of the last quarter from leases. This is prior to the Buffalo factory opening which will cause unimaginable growth. Solarcity may eventually be the rock Tesla leans on after other automotive companies switch primarily to EVs.
Come on dude, I am not saying that he's doing it because of money. I like Musk as a person very much. I am trying to explain to you that if your company is listed on the stock exchange you ought to care about investors and he cares about them because otherwise his companies won't survive. HE NEEDS CAPITAL!
You are right, he cares so much about money he starts a rocket company from scratch and at about the same time starts the first American made car company in 100 years. Those were both wonderful, safe investments........
I wonder how many people when told of Musk's plan to start building rockets to go to Mars called him up and wanted of piece of that action. Oh, Wall Street loves automotive stocks too!
Oh come on, you've got to be kidding me. Of course he'll say anything to approve this deal in the investors' eyes, and of course he cares about the WS - he needs money to survive, he's not that stupid to not to care about the WS.
so are we actually going to get 26-28 per share or lower
If it's in trouble why did Musk claim acquiring it would make Tesla eventually a "trillion dollar company" and said he should have done it sooner? In an interview today he also said Solarcity would be cash flow positive in 3-6 months and would then pay for itself if the Tesla buy out happens.
He's simply a control freak and wants to stream line the battery and solar panel business. He doesn't care or really think about how it's viewed by Wall Street. This is a guy who lands rockets on remote control barges in the ocean and revolutionized online banking. He's 20 steps ahead of us ordinary folks.
Looks like the company is really in trouble if Musk is going to bail it out.
He will do it; unless he want to take a lost on solar city ; they will have some kind of Merge
because of the debt; he needs to save the company
I shorted the stock today and was Happy with it.....
Let s see if he will gap down tomorrow
IF IT WERE ONLY THAT EZ RIGHT
HOW MANY WOULD GO *ALL-IN*
HAHAH@
The board and stockholders I assume But then again major holders have more saying...
Well most likely he will approve his own company right? Lol
I assume it has to be approved first most mergers take awhile and if it does the price could be flexible up or down some...
I hope so I bought in 23.33 like a idiot and this tanks shortly after when could trade be finalized how long?
Could it go back up tho? And what if it goes thru. Doesn't that mean they paying every shareholder 26$?
BECAUSE WALL ST DOESNT LIKE IT!
THEY VIEW THIS DEAL AS A HOAX
ELON PLAYING GAMES
IMO
(BLUSHING)
Why's it tanking
Musk said this morning he probably waited to long to make this offer.
http://www.fool.com/investing/2016/06/22/teslas-acquisition-offer-isnt-good-deal-for-solarc.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2
gap&trap so far
Yeah well.. Chanos isnt shameful is he.. CNBC works for Wall St - its so blatantly obvious - they're as good as Trump at operating 'truthfully'..
The media slammed Elon & both companies for 20hrs straight now & Chanos is so confident abt his short position he always feels the need to make a public appearance to get his short wolves to work. So predictable.. Goes down but it will rocket ship back up soon enough.. In 15-20 years almost every person in the US will know Elon Musk.. Not many will know who Jim Chanos is..
On CNBC right now:
Calling the deal:
"shameful"
a blatant bailout of SolarCity
Wall Street doesnt like this deal imo
they dont like SCTY and they think Elon is trying to take negative attention off TSLA
they just dont like this Merger
sorry
IM PLAYING @ ~~>> $22 <<~~ SCTY
Elon is practically buying on the bottom smart move ... Ya don't want buy it high if ya going do it....
I knew it!! This was much too obvious. How many saw this happen? Me and elon.
Sune was created to be a ship onto which subsidiaries load up debt (free money) then sink it
When it gets reasonably large...
Scty is very similar. Scty,s mission" is to create awareness about solar and green energy. Then go flop. Nevada was the beginning of the end of scty. California is next. I feel sorry for scty customers. Good luck to investors...
SCTY AH up +3.12
TSLA AH down - 26.86
whats kind a business !
Tesla: My Evaluation Of The SolarCity Deal
http://seekingalpha.com/article/3983508-tesla-evaluation-solarcity-deal?auth_param=4r6nb:1bmjsb8:0fca767791229148d30a216cc5084371
$SCTY
$TSLA
What will happen for $scty shareholders after the buyout? Will they still hold shares in $scty or will they be converted into $tsla shares?
Thanks
Adding - looks like offer is for $26.50 to $28.50 no matter what
Wow.. Seems like the offer of 26.5-28.5 is of little interest.. Dropped quick to 24.75
There it is.. Tesla gettin whacked big time. Wall st lettin Elon know what they think of his plans.. I love it
Tesla to buy SolarCity in all stock deal....
Nice jump.. Still dont see any news on @ what price/ share
$SCTY im in at $26.00 lets go ! $TSLA buying this company
As far as I'm aware, about as much as interest rate changes--next to nothing.
My main concern with the over all market was the over reaction. A lot of money pulled out by skittish investors.
Price action in many stocks pulled back although no legit reason for the pull backs, causing more pull back. Opportunities to reposition due to over reaction.
Can you please explain how is Brexit correlated to SCTY?
I'm trading with very little, so I have to be careful. SCTY was my risky play at the time. BREXIT isn't helping much. I was up 90% on this within a month on the first position, but didn't sell. Just happy I walked away upside at all.
That was a reasonable decision my friend, unfortunately I stuck here for a while.
I stepped off awhile ago. Took profits. Will consider coming back later.
Followers
|
84
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2161
|
Created
|
12/13/12
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |