Tesla wants to buy Solar City, become an integrated sustainable energy business

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Bicentennial Douche

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  • #63
    [url=http://meincmagazine.com/civis/viewtopic.php?p=31415625#p31415625:2vf7albp said:
    Megalomania[/url]":2vf7albp]It seems odd not to mention that Musk has an ownership stake in Solar City; they also (as far as I know) have not been doing terribly well as of late - their stock is down quite a bit from its all time high - and the optics of this look pretty bad (billionaire bails out own company using other publicly owned company).
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    If the stock is down, it might make sense to buy. And yeah, Musk in a shareholder in both, but he will not be voting on this deal, other shareholders will decide.
     
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