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Elon Musk's Tesla Plans To Acquire Elon Musk's SolarCity For $2.7B In Stock (techcrunch.com)
An anonymous reader writes from a report via TechCrunch: Today, Elon Musk's electric car and battery company Tesla has announced its offer to buy solar panel installation company SolarCity. Now is a better time than ever to acquire SolarCity, as it recently had its value downgraded. If Tesla does acquire SolarCity, the companies could allow you to outfit your home with solar panels that power a giant battery for your various appliances, such as an electric vehicle. The deal, which has yet to be approved by SolarCity and its board, involves SolarCity's stock being exchanged for Tesla stock. TechCrunch reports that "the deal would pay a premium of 21% to 30% on top of SolarCity's value of $2.14 billion, so Tesla would be buying SolarCity for between $2.59 billion and $2.78 billion worth of its stock." The Tesla team writes, "It's now time to complete the picture. Tesla customers can drive clean cars and they can use our battery packs to help consume energy more efficiently, but they still need access to the most sustainable energy source that's available: the sun." Elon Musk has also been in the news today through OpenAI, the artificial-intelligence non-profit backed by Elon Musk, Amazon Web Services and others. OpenAI announced it is working on creating a physical robot that performs household chores.
In the far-right and the wrong direction.
I've moved away from the partisan fan club and now see things from a more objective viewpoint than I used to. I can see bad things about both trump and Clinton, and good things about both.
The political establishment was #nevertrump. He's not being politically correct, he's not doing and saying the things that the RNC and the party leaders would have him say and do. His proposals are very different from what we've seen mainstream winning candidates propose. I think he, like Rand Paul, would be different. Some good different, some bad different. Hard to know the net effect.
Clinton has been involved in politics since 1977. The head of the Democratic party was Clinton's employee a few years ago. A year ago, the DNC assumed she'd be the nominee. Clinton is as much "politics as usual" as you can possibly get.
So that's a difference between them. Clinton is very much Washington, she's the DNC incarnate. She says whatever the Democrat pollsters determine is best to say that day. Trump is Trump, and he says what he thinks; he doesn't care what the Republican party thinks.