smac
Active Member
Completely agree with the others that suggest this is a bailout.
The synergies are a massive stretch, and it compounds all the normal financial metric problems TSLA have with stuff that is even worse
From a purely analytical view of the combined SCTY+TSLA accounts this is very bad news, and must have been triggered by something very serious.
I was borderline on the current TSLA level on the basis the 3 could start to turn round these key metrics, but SCTY is a millstone round TSLA's neck that will take years to unwind, and a complete distraction whilst they should be concentrating on their stated core mission.
The big question for me is when this triggers the next capital raise, which given the joint cash outflows has surely accelerated that timetable.
The synergies are a massive stretch, and it compounds all the normal financial metric problems TSLA have with stuff that is even worse
From a purely analytical view of the combined SCTY+TSLA accounts this is very bad news, and must have been triggered by something very serious.
I was borderline on the current TSLA level on the basis the 3 could start to turn round these key metrics, but SCTY is a millstone round TSLA's neck that will take years to unwind, and a complete distraction whilst they should be concentrating on their stated core mission.
The big question for me is when this triggers the next capital raise, which given the joint cash outflows has surely accelerated that timetable.