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Stock impact report

Tesla's Alien Deadbeat Factory [Seeking Alpha]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Seeking Alpha
Summary Tesla’s (NASDAQ: TSLA ) Gigafactory was always a truly foolish idea. Why do I say that? Because to build and operate the Gigafactory, Tesla envisioned a form of business organization in which a dozen or more different companies would each contribute capital to help build a single manufacturing facility. You know what you never see in the real world of private business organizations? You never see one organized along those lines. And for good reason. Any business firm entering into such an arrangement would lose control over its own destiny and undertake risks it had no way of assessing, never mind preventing. The Obvious Perils of a Gigafactory Partnership Let’s consider an example. Say you are the CEO of Company X, which manufactures cathodes for battery cells. You sign on to the “partners in the Gigafactory” deal and agree to pony up $100 million. Once you sign on the dotted line, your entire investment hinges on the success of every single other one o Show less Read more
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