tesla/solarcity merger

>>1510451
>i dont think the share price could go much lower

Oh sweet child

Solarcity is the company that Tesla has been hiding it's true losses in. They're just being forced finally acquire it

Everything Musk touches is a colossal failure

>>1510459
Holding onto the scty shares would be the worst case senario. I think theres also a possibility of the scty shares going up if the merger falls through, i mean they fell a great deal when the merger was announced, seems like investors dont want it to happen.

I havent read the financial reports of scty, but how can a company hide their losses in another company?

>>1510477
>how can a company hide their losses in another company?

>Company issues bullshit invoices to another company
>Suddenly they are 'profitable'
>Other company pays the invoices and implodes.

Oversimplifying by quite a bit here, but at it's core, it's the same way companies move profits overseas. Not saying that's what's happening here because I truthfully haven't looked into it thoroughly, but that's the general gist of how it's done.

>>1510451
I put 5,000 into SCTY on Friday. My money is on Musk. He's single handily revolutionizing industries that have been stagnant for over 50 years. If the Tesla price holds steady I'll make an easy 30%.

>>1510451
He's just playing a shell game with Tesla/Solar City debt so he can save Space X and his government money shelter. He's cooked. Tesla is overvalued and investors don't want Tesla to take on Solar City debt which is why the merger probably won't happen.

>Friendly reminder Tesla is a Ponzi scheme

It would be one of the world's greatest memes consuming another meme.

Posted this in the other thread as well.

Really thinking about throwing some yolo money at this. Since I have no SCTY shares right now, what happens to the amount not converted at 9 to 1, cash payout? And what is the timeline for receiving the Tesla shares?

>>1510490
Hmmm i see, ill have to look more into this. If im stuck holding scty shares i want to see how shitty of a company they are.

>>1510681
You either get fractional shares or just cash. I dont know much about fractional shares but i hear there hard to sell.

>>1510451
What's the deal with these 4 lawsuits going on right now?

>>1510451
>He's just playing a shell game with Tesla/Solar City debt so he can save Space X and his government money shelter. He's cooked. Tesla is overvalued and investors don't want Tesla to take on Solar City debt which is why the merger probably won't happen.
the price will go up if people trust in it and see that it has potential to be known and saw for