What the fuck is this guy doing?
He decides to buy a company that virtually has no cash flow and is probably going bankrupt.
He can barely afford roll out his new meme car.
He has a 9% stake in Solar City.
Is he going for a quick pay day? Is this shit even legal?
who gives a fuck? buy the dip faggot
He's consolidating his ventures, so he can make a nice package for Apple to acquire. Solar data farms and recharge stations (home batteries), EV and self driving car tech...
>Cook, Ives, Musk
>Holy Silicon Trinity
>it's happening
Who is Ives?
That would make sense if he actually had a means of delivering his liabilities. He will have no cash to carry out his normal operations. He will file for chapter 11 before Apple gets anywhere near the stage of acquiring the company at current values.
the best industrial designer in the galaxy...
total market cap for both companies is $35b... Apple has over $200b cash...
Plus the bankroll to "invest" into Tesla's scaling phases for future profits.
>maybe happening
the market agrees with you OP. tsla shit itself 14% after hours
he's a fucking crook, and people are finally realizing it.
Market cap doesn't mean shit when they're sinking billions of dollars each quarter with nothing to show for it. Combined, they're going to burn through all of their funds very quickly, which makes Apple very reluctant to buy them out. Meme products only work when the fixed costs aren't as high.
The acquiring company always devalues while the company being acquired goes up in value.