Tesla in deal with Daimler (part zwei)

[graham]

I am very curious as to why Aabar did not invest in Tesla directly, but instead bought part of Daimler's investment.

Was Daimler planning on selling half of the Tesla investment at the time it made it?

Did Tesla know that the Aabar deal was coming, or did they find out at the same time we did?

Much of the press around the Daimler agreement from Tesla's side put the investment up as confirmation of the worthiness of Tesla and vindication of the business plan. Does Daimler's almost immediate sale of half of their investment indicate that they do not really believe as much in it as the initial press on their investment would indicate?

 

[Palpatine]

Typically with a large direct investment like that made by Daimler, the buyer makes promises about how they will hold the investment, period of time before then can sell it, etc. Since the 9.9% investment came with a seat on the board of directors at Tesla Motors, there are even more restrictions.

For example, Daimler probably has to maintain a minimum percentage to keep the seat on the BOD.

I am fairly sure when Daimler made the investment that Tesla Motors knew of the Aabar investment aspect. It is likely not an issue at all.

 

[TEG]

Somewhat related:
The Final Frontier: Tesla Investor Buys Stake in Virgin Galactic

 

[dpeilow]

Daimler launches €600 million small car investment, A-Class BEV in 2010 — Autoblog Green

Daimler CEO Dieter Zetsche also announced that low-volume production of a battery electric A-Class E-Cell will start in late 2010. We contacted Tesla spokeswoman Rachel Konrad to see if they will be supplying batteries or other components for the A-Class BEV as they are for the smaller Smart ED but she declined to comment on the matter. Given Daimler's investment in Tesla, it would certainly make sense to the have the California company provide those systems. If so, that could help Tesla keep revenues flowing (Roadster sales have apparently slowed) until the Model S comes on stream.

 

[dpeilow]

Daimler's Curious Love Affair With Tesla Motors - Forbes.com

 

[JRP3]

Battery cells now being developed specifically for cars are generally larger and are shaped differently (like a stretched pyramid instead of a cylinder)

That was amusing :biggrin:

 

[vfx]

Posted by: JimBullis | 05/18/09 | 8:34 pm

Maybe the people at Daimler that understand physics will not stand by while management gets sucked in to the gold rush for American electric car subsidies. When we figure out that plugging in cars actually makes CO2 worse, and those subsidies dry up, Daimler will have a problem rivaling that problem they had owning Chrysler.

Don't you just love opinionated statements that include no facts or reasoning to back them up?

This guy is shaping up to be a new Kent. He needs his own thread.

http://www.wired.com/autopia/2010/05/german-enviro-says-evs-plunder-and-pollute/

His SIX posts her are more based on his interpatation od science than Kent's old scare tactics but he is working real hard here like his paycheck counts on it.

Third person reference.

Jim Bullis does not know much about trolls; but they used to live under bridges.

 

[StephenM]

It is absolutely FASCINATING to read these old threads :smile:
Looks like we're creeping up on GM's market cap again though it's in the billions now instead of millions.
Elon's fashion sense has also gotten a lot better, lol!