Is SolarCity's unprofitability and balance sheet risk enough to act as a poison pill against a possible takeover of Tesla? Time will tell, but strapping a poor performing solar business onto a car company seems like an odd way to enhance the value of the enterprise.
SolarCity Could Act As A Poison Pill To Crush Musk's Dreams Of A Tesla Takeover
Forbes - 9 Aug 2018 13:24
Is SolarCity's unprofitability and balance sheet risk enough to act as a poison pill against a possible takeover of Tesla? Time will tell, but strapping a poor performing solar business onto a car company seems like an odd way to enhance the value of the enterprise.
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