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Investors and finanical analysts have been baffled by a $2.86 billion bid by electric car manufacturer Tesla to acquire SolarCity:
Musk, the largest shareholder of both companies, said he and Antonio Gracias, who is also a member of both boards, will recuse themselves from voting on the takeover offer. The all-stock deal is worth $26.50 to $28.50 for each SolarCity share, Tesla said. That calculates to a premium of as much as 35 percent from Tuesday's closing price. The average 12-month price target among analysts surveyed by Bloomberg is $29.82. "In my personal opinion, this is obviously something that should happen," Musk, who is chief executive officer of Tesla and chairman of SolarCity, said in a conference call. "It's a no-brainer." With 100.2 million SolarCity shares outstanding, the offer is worth as much as $2.86 billion.
[...] Tesla fell as much as 12 percent in extended trading while SolarCity rose as much as 29 percent.
(Score: 1, Informative) by Anonymous Coward on Wednesday June 22 2016, @03:26PM
Home-scale windmills are unlikely to ever become a significant market. A couple of years ago I looked into what it would take to get a windmill for my home and what I found was that (a) you have to get pretty high off the ground (30+ feet) to get a decent level of consistent wind (versus mostly buffeting with poor directionality at ground-level) and (b) they are also relatively noisy. Both of those characteristics run right up against building codes because they will annoy your neighbors. That's not a problem in rural areas. But there just aren't that enough people living in rural areas to make for a tesla-scale market.
(Score: 2) by frojack on Wednesday June 22 2016, @06:17PM
See: http://www.seao2.com/vawt/ [seao2.com]
Small home-scale QUIET vertical axis windmills are available. But the companies are dropping like flies due to there being no market.
The FAA and the military doesn't want the radar clutter these things generate and nobody wants to look at them, and mostly, they just don't generate enough power to make them worth while.
No, you are mistaken. I've always had this sig.
(Score: 0) by Anonymous Coward on Wednesday June 22 2016, @06:30PM
And as said above many municipalities don't allow them to be installed in the first place. Even though I'm in an unincorporated area my county only allows rural properties of 2 acres or more to install them.
(Score: 2) by Zinho on Wednesday June 22 2016, @09:54PM
...nobody wants to look at them...
I've never understood this. I checked out your link, and several of those turbines were quite artistic. I wouldn't mind seeing those on my neighbor's rooftop, and I'd be proud to have one on mine.
Of course, I also think that an orderly arrangement of cables [rollernet.us] for a server rack is aesthetically pleasing, so perhaps that should be
...nobody whose opinion matters wants to look at them...
"Space Exploration is not endless circles in low earth orbit." -Buzz Aldrin