electracity
Active Member
Well, I think there is to much uncertainty after the SEC filing of the merger document, and the shorts are trying to benefit from that.
IMHO it is time for Tesla to start sharing the reasoning for the SCTY acquisition and share their TE-2.0 plans.
Something like this?
"We are buying Solarcity because they have lost access to capital markets. A failure of Solarcity will call into question Elon's strategy, and may then also threaten Tesla's access to capital. At a minimum a failure of solarcity would increase Tesla's cost of capital. TSLA shareholders are better off avoiding SCTY failure."
The institutional TSLA shareholders get it. The spin of the merger being a "good idea" is for the masses. It's a necessity in a bad situation.
TSLA shareholders may not like it, but opposition is potentially suicidal.