- Completed the Maxwell merger that should create a path for improved battery performance at reduced cost
- Easily raised $2.4B in convertible notes and stock
- Closed a deal with FCA that will net $2B for emissions credits
These three recent events are important. Each of these requires advisors to 1) Maxwell, 2) the underwriters, 3) FCA, to each get confidential TSLA information and do their due diligence before advising their clients on going forward with the transaction with TSLA. And they all went through with it.
That is evidence that the fundamentals are sound and there is no ticking bomb about to go off -- at least nothing that was uncovered in due dili.
As for going private, or going dark, I think those have serious obstacles -- and while I don't have a final or even fully informed opinion about it, my partially informed opinion is that staying public and just concentrating on executing (and ignoring short interest) is the best path forward. But appreciate the discussion.