J
jbcarioca
Guest
Actually the definitions become very, very specific and arcane.For antique reference just google 'non bank bank'. That septic definition made the capital I needed to end out with TSLA in my portfolio. Major point: don't assume the definitions actually are logical. That is, Tesla can do nearly anything imaginable in financial services if it makes sense to do so. Mostly it doesn't.I also agree that additional lending could be a good idea to streamline the product offering. I'd prefer for them to just remain a finance company at the moment though as banks have a heavy regulatory overhead which would be another distraction for Elon. The only downside of not becoming a bank (as opposed to finance company) is that they can't take deposits, but Tesla has plenty of cash and there's plenty of investor appetite for tesla bonds/securitisations.