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Will Hillary Clinton be elected POTUS?
Will she choose a strong progressive (I.e. Elizabeth Warren) as her running mate to coalesce the Democratic Party?
If she is elected, will her down ballot influence regain Democratic control of the Senate and House of Representative?
All of these potential political events will dramatically impact whether or not Hillary's solar power plan is implemented and to what degree.
Since I believe climate change is the greatest challenge facing mankind, I am campaigning for the Democratic Party.
Will she choose a strong progressive (I.e. Elizabeth Warren) as her running mate to coalesce the Democratic Party?
If she is elected, will her down ballot influence regain Democratic control of the Senate and House of Representative?
All of these potential political events will dramatically impact whether or not Hillary's solar power plan is implemented and to what degree.
Since I believe climate change is the greatest challenge facing mankind, I am campaigning for the Democratic Party.
Why Hillary Clinton could be the solar industry’s new best friend
Will the stars align?
140 jigawatts, isn't that enough to power an influx capacitor?
Will the stars align?
140 jigawatts, isn't that enough to power an influx capacitor?
TheTalkingMule
Distributed Energy Enthusiast
doggusfluffy
Closed
There doesn't seem to be much SolarCity news so far this week so I linked a couple related stories of energy industry doom and gloom...which makes me feel better about their future "green" business model.
http://www.nytimes.com/2016/06/20/u...-left-in-the-dust.html?ref=energy-environment
Texas facing massive well cleanup costs after oil bust
http://www.nytimes.com/2016/06/20/u...-left-in-the-dust.html?ref=energy-environment
Texas facing massive well cleanup costs after oil bust
And then there's this.....www.greentechmedia.com/articles/read/Deep-Politics-Dark-Money-And-Fraud-Join-the-Solar-Party
PUC general counsel out after tweet under pseudonym
Doubt will change anything, but interesting nonetheless...
Doubt will change anything, but interesting nonetheless...
TheTalkingMule
Distributed Energy Enthusiast
Wow. This is the utility commission charged with protecting the people of Nevada from the effects of this monopoly. The people of Nevada are paying for a bunch of lawyers to spam the internet in support of stealing their money. Hilarious.
How are these things not bigger news? The outrage angle is certainly juicy enough.
How are these things not bigger news? The outrage angle is certainly juicy enough.
doggusfluffy
Closed
Nest is pushing further into the energy business with SolarCity partnership
Along those lines partnering with national and local building developers as a solar subcontractor seems like it would be an explosive business opportunity with low sales costs.
What It Really Means to Require Solar Panels on All New Buildings
Along those lines partnering with national and local building developers as a solar subcontractor seems like it would be an explosive business opportunity with low sales costs.
What It Really Means to Require Solar Panels on All New Buildings
Tesla offering to buy SolarCity - $26.5 to $28.5
Tesla blog post - Tesla Makes Offer to Acquire SolarCity
8K by SCTY- SolarCity - Other
Tesla blog post - Tesla Makes Offer to Acquire SolarCity
8K by SCTY- SolarCity - Other
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Worst case scenario for me - all underwater LEAPS will be effectively written off. I kinda dread having to understand the tax implications.
Pig picture though I think this is great. There was always a slight lack of cohesion in Tesla Energy and SCTY dealings. They would be synergistic with each other but also have to make their products work with third parties at the company seam. Now there would be no seam and no need to worry about third parties unless there's an actual business need to do so.
Pig picture though I think this is great. There was always a slight lack of cohesion in Tesla Energy and SCTY dealings. They would be synergistic with each other but also have to make their products work with third parties at the company seam. Now there would be no seam and no need to worry about third parties unless there's an actual business need to do so.
doggusfluffy
Closed
Does anybody have advice for a novice investor that has long positions in both companies. I assume TSLA will be down tomorrow and SCTY will jump up. No intention of selling any of my TSLA stock on this news. Should I sell some of my SCTY stock tomorrow as a hedge in case the deal doesn't go through? Should I sell some SCTY and buy TSLA at depressed price? Should I hold altogether and wait for deal to go through? Any advice/thoughts greatly appreciated?
AndreN
Member
Are there any options experts around? Since this deal is a buyout via stock, not cash, this website (link) says things work differently, namely:
[I underlined "same strike price" for emphasis.] Can anyone confirm this is true? Same strike price for SCTY->TSLA options? The current offer is each SCTY share becomes .122 to .131 TSLA shares. Let's say I'm holding 10 Jan'18 $25 SCTY call options I paid $10 each for. So instead of losing $9k or so ($10k -> $1k), do I really get 1 Jan'18 TSLA $25 call option? (I assume fractional options are lost?) In that case I make something like $7.5k ($10k -> $17.5k)?
Update: rereading it, clearly I'd end up with 10 J'18 TSLA $25 "call options" where the "options" are somehow for 12 or 13 shares instead of 100? How would that even work?
All-Stock Offer
With an all-stock merger, the number of shares covered by a call option is changed to adjust for the value of the buyout. The options on the bought-out company will change to options on the buyer stock at the same strike price, but for a different number of shares. Normally, one option is for 100 shares of the underlying stock. For example, company A buys company B, exchanging 1/2 share of A for each share of B. Options purchased on company B stock would change to options on company A, with 50 shares of stock delivered if the option is exercised.
With an all-stock merger, the number of shares covered by a call option is changed to adjust for the value of the buyout. The options on the bought-out company will change to options on the buyer stock at the same strike price, but for a different number of shares. Normally, one option is for 100 shares of the underlying stock. For example, company A buys company B, exchanging 1/2 share of A for each share of B. Options purchased on company B stock would change to options on company A, with 50 shares of stock delivered if the option is exercised.
[I underlined "same strike price" for emphasis.] Can anyone confirm this is true? Same strike price for SCTY->TSLA options? The current offer is each SCTY share becomes .122 to .131 TSLA shares. Let's say I'm holding 10 Jan'18 $25 SCTY call options I paid $10 each for. So instead of losing $9k or so ($10k -> $1k), do I really get 1 Jan'18 TSLA $25 call option? (I assume fractional options are lost?) In that case I make something like $7.5k ($10k -> $17.5k)?
Update: rereading it, clearly I'd end up with 10 J'18 TSLA $25 "call options" where the "options" are somehow for 12 or 13 shares instead of 100? How would that even work?
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gigglehertz
Member
Dang. Cost basis over $42 
Was hoping for short squeeze later this year/early next year to make my money back and then some. Now I'm in a stock that's already sky high priced. Can now officially kiss my M3 goodbye.
Big picture agreed probably good. Real question is what happens to Chanos?
Was hoping for short squeeze later this year/early next year to make my money back and then some. Now I'm in a stock that's already sky high priced. Can now officially kiss my M3 goodbye.Big picture agreed probably good. Real question is what happens to Chanos?
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