Musk’s Risky Bet Depends on Tesla Acceleration

by Adam English
Outsider Club

The golden child of the tech sector is about to face a gauntlet of challenges, and he is tying the fate of his businesses, and his fortune, to one big bet.

The big three companies he helms are Tesla Motors, SolarCity, and SpaceX. None of these generate profits.

With SolarCity hemorrhaging money and facing greatly diminished growth potential, Musk decided to bring SolarCity under the Tesla banner.

Antitrust regulators just signed off on the $2.6 billion deal two days ago, and now it faces a shareholder vote.

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