According to The Wall Street Journal, in Tesla Motors is clearly not enough available funds for the merger and integration with SolarCity. Total $ 2.6 billion is required (it's at $ 286 million less than the proposal of June, however, and the amount of available funds for the year decreased by 65% - from $ 421 million to $ 146 million).
Insider sources of The Wall Street Journa note that the owner of the Tesla Motors Company Elon Musk informed the US financial authorities of the need to allocate additional funds for the payment of $ 422 million of the company to shareholders on the results of the 3 rd 2016, and at the same time to finance the transaction with SolarCity.
Recall, co-owner and founder of Tesla Elon Musk is concurrently chairman of SolarCity and the board of directors (his 22% stake than perhaps explains his initiative to merger).
According to the calculations mask, the consolidated company from the sale of solar panels, batteries for electric cars and solar modules will allow only the first year of working together to reduce the $ 150 million cost.
Photo: Tesla
