Musk is all about the fact that most businesses that fail, fail by less than 5%. He had a better path to success if he was subsidized or his customers are incentivized by government mandates, subsidies or grants. He saw solar getting funded/subsidized and he saw e-mobility. He better have a foundation in place by the time the government funding stops or his house of cards will collapse.This whole Elon Musk Tesla-Solarcity operation is starting to smell like a scam mainly on the Solarcity side.
http://www.cnbc.com/2016/06/22/chanos-bail-out-of-solarcity-a-corporate-governance-at-its-worst.html
http://www.usatoday.com/story/tech/...-deal-no-brainer-investors-disagree/86249516/
by Jake Hertz
by Aaron Carman
by Aaron Carman
by Aaron Carman