One Of The Big Three To Buy Tesla?

if Chrysler owned it, they would just shut down production in 5 weeks

Dodge Durango - Wikipedia, the free encyclopedia

 

We've heard this tale before: oil companies buying Ovonics, the NiMH battery company comes to mind:

Source: Patent encumbrance of large automotive NiMH batteries - Wikipedia, the free encyclopedia

At the risk of getting the thread banned to "House of Politics," this is one time where Eric Holder could announce that Justice Department is looking at the monopoly risk of such a sale . . . not that selling to a venture capitalists company makes more sense.

Bob Wilson

 

The best commenter in the article was Lyle S.: he said "....there goes the holiday sprit."

Maybe it seems consistent with GM Camaro and/or Caddy lines. Possible good way to keep Cadillac brand in fore front of technology. On the negative side, perception seems a little like Government Motors is using our taxes to buy Tesla, and to the extent EV's may need continuous support from Congress subsidies/mandates to survive, if approved there would seem to be an inherent gov't commitment to do just that. If GM takes Tesla it probably needs to be structured such that Tesla management is autonomous and protected from GM culture, which I think can be done.

Well, the last TV interview I heard with Musk, he wants to colonize Mars. Asked if he would go first, he said yes if he was convinced his companies would be managed well in his absence. All we need now is a buyer for SpaceX, and Elon is free to expore his next planet..oops, I mean project.

 

There is NO way Elon Musk would sell Tesla.

 

An article titled "may happen" should have a companion piece titled "may NOT happen."

That way, they can brag either way. My confusion is why this is called "news." Or maybe this is just a planted story to help the stock price.

 

That sounds reasonable.

 

The only way is if Tesla were on its last legs, at/near bankruptcy. And, Musk would likely want a guarantee of autonomy/being able to keep his own company's culture.

Yeah, I saw that story earlier today and couldn't help but LOL.

 

OMG!!!, if Government Motors bought them - say GOODBYE to Tesla.

DBCassidy

 

Well... to be fair, the US govt no longer has any ownership of GM: Government sells last of its GM shares.

 

even worst it GENERAL motors again those that killled the ev1

 

There goes the "free recharge stations for life" promise.
I
hope Musk realizes his dream of seeing stations all across the country would be killed if GM or Ford or Chrysler took over.

 

Considering that the article's author refers to "engine fires" affecting the Tesla stock price, I am sceptical that he is "in the know".

 

Yra Harris of Praxis Trading is a Hedge Fund Trader. That answers the question for me.

 

You, being a taxpayer owes 10 - 20 billion, so fork it over.

DBCassidy

 

You do know the market cap of tesla is $18B. You don't spend that much moeny to kill the company. GM's market cap is $57B, and would lose a great deal of that if it spent that much money then wasn't sucessful at plug-in cars. Ford's market cap is smaller. Toyota is about the only car company that could buy tesla to bury the patents, say if it wanted its fuel cells to actually be competitive, but toyota would never do anything like that.

IIRC gm actually wanted ovonics, and EDs, and .... under roger smith. When management changed, the strategy changed.

Oh he might, but he would not go with it, he would work on solarcity and space X. The thing is without Musk the company is not worth $18B, and for a takeover it would need to be at least $22B. That is why I don't believe this rumor desguised as news.

GM might be smart to buy a controlling interest in the company, and get seats on the board and access to the technology.

After the Blue Star is developed then maybe the company is valuable without the management team, and the management team would walk away with a hostile takover. The possibilities of takeovers does put a floor on the stock price though. If the stock drops back to 100, but the model X looks good, then the company would be ripe for a takeover.

 

GM has the newest CEO. My observation is that new CEOs are less interested in focusing on their business and more interested in playing monopoly with all the investment dollars at their disposal. Let's see if I'm right. If anyone buys Tesla, it will be GM.

 

No one will buy because Musk is not willing to sell.
Musk's goal is to replace the light vehicle fleet with EVs. He would need to believe that would happen without him, and there is little sign that would be the case.

If you ask me, the most likely organization that would want to buy Tesla is the Automobile dealers association. They would like nothing better than to sweep Tesla's direct sales under the rug and make it disappear.

 

Call me cynical, but I recall when news was meant to inform and educate, not manipulate.

 

Toyota and Mercedes Benz would have to agree as well.