electracity
Active Member
What is Solarcity's cash flow if Musk fires everyone except the workers needed for warranty work and other account maintenance?
Solarcity is now probably a crappy business, as it can't get an adequate premium as an upscale solar company. It was a good business before customers understood PPA's.
Tesla's purchase will reposition solarcity as a premium home energy services company. That reposition is probably not possible as an independent company. They need Tesla's pizzaz to make that happen.
Solarcity remaining independent and in decline would damage Musk's reputation and therefore Tesla. We will see if SCTY Q2 financials are a catalyst for this move by Tesla.
Solarcity is now probably a crappy business, as it can't get an adequate premium as an upscale solar company. It was a good business before customers understood PPA's.
Tesla's purchase will reposition solarcity as a premium home energy services company. That reposition is probably not possible as an independent company. They need Tesla's pizzaz to make that happen.
Solarcity remaining independent and in decline would damage Musk's reputation and therefore Tesla. We will see if SCTY Q2 financials are a catalyst for this move by Tesla.