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|Posté le: 21/08/2018 03:57:48 Sujet du message: Chinese President Xi Jinping Sunday delivered
Elon Musk on Tuesday sought to build a clean energy powerhouse as his electric car maker hydro flask coffee 20 oz , Tesla Motors Inc (TSLA.O), made an offer to buy his solar installation firm SolarCity Corp (SCTY.O) in a stock deal worth as much as $2.8 billion.
Tesla shares plunged more than 13 percent to $189.99 in extended trading - amounting to a loss in value of about $4.3 billion, or more than the value of the offer for the other company. Shares of SolarCity rose about 18 percent to $25.02.
Musk, who is the chairman of SolarCity, CEO of Tesla and the largest shareholder of both companies, described the deal as a ""no brainer"" in a call with reporters. The company could sell customers an electric car hydro flask coffee sale , a home battery and a solar system all at once, he said.
""Instead of making three trips to a house to put in a car charger and solar panels and battery pack, you can integrate that into a single visit,"" Musk told reporters. ""It's an obvious thing to do.""
Tesla investors punished the company's shares, however.
""Ideally you want to see Tesla focus on Tesla - building Teslas and expanding the cars,"" said Ivan Feinseth hydro flask kids 12 oz sale , an analyst at Tigress Financial Partners. ""Maybe the feeling is that this takes away focus, and it could financially strain Tesla, which is going to continually need a lot of cash.""
SolarCity has about $6.24 billion in liabilities, including debt.
Tesla executives said its predictable cash flow in the form of payments for its solar systems pays for the debt.
Although it is the U.S. market leader in residential rooftop solar systems, it regularly posts quarterly losses and the stock has fallen nearly 60 percent so far this year, pummeled by investors who see its business model as too complex in a market that has become increasingly competitive.
Musk said Tesla did not know how many of its customers have solar panels hydro flask kids sale , but guessed that most of them were likely interested in solar. In a blog, Tesla described the deal as a way to expand both companies' markets.
The solar systems will be sold under the premium Tesla brand, which is seeking to expand its target market with a $35,000 electric vehicle called the Model 3 that it will begin delivering late next year.
Musk, who owns 19 percent of Tesla and 22 percent of SolarCity, said he would recuse himself from voting on the deal. He could not say how soon shareholders could vote on the deal www.hydroflaskwaterbottlesale.com , as due diligence needs to take place first.
SolarCity CEO Lyndon Rive, Musk's first cousin, said he supported the deal but would also recuse himself from voting. Rive's brother, Peter, is also a founder of the company and its chief technology officer.
Musk and Lyndon Rive hatched the idea for SolarCity during a trip to the Burning Man desert festival in 2004. Over a decade later, SolarCity has become the top U.S. residential solar installer thanks to a no-money-down financing scheme that allows homeowners to pay for their solar panels through a monthly fee that is less than what they would pay their local utility.
Tesla said it offered $26.50 to $28.50 per share for SolarCity hydro flask water bottle sale , which represents a premium of about 25 percent to 35 percent to the company's Tuesday close of $21.19. That values the deal at about $2.6 billion to $2.8 billion overall.
In a statement issued late Tuesday, Tesla said its management will host a conference call to discuss the 'rationale' surrounding the offer to buy SolarCity. The conference call is scheduled to take place Wednesday morning before U.S. markets open.
RIO DE JANEIRO, Jan. 2 (Xinhua) -- Neymar has been named the winner of the 2017 Samba de Ouro trophy, awarded to the best Europe-based Brazilian footballer.
It was the third time in the past four years that the Paris Saint-Germain forward has claimed the accolade, as he finished ahead of Liverpool's Philippe Coutinho and Real Madrid's Marcelo.
The award is decided by a vote of journalists, former players and an internet fan poll.
Neymar drew 27.71% of the vote hydro flask sale clearance , well clear of last year's winner Coutinho (16.64%) and Marcelo (14.43%).
Others to finish in the top 10 were Paulinho, Casemiro, Gabriel Jesus, Willian, Malcom, David Luiz and Ederson.
Neymar was named the world's third-best player at the 2017 FIFA Best awards in October hydro flask sale , behind winner Cristiano Ronaldo and runner-up Lionel Messi.
BEIJING, Dec. 31 (Xinhua) -- Chinese President Xi Jinping Sunday delivered a New Year speech, vowing that China would resolutely carry out reform in 2018.
"We will take the opportunity of celebrating the 40th anniversary of the reform and opening-up in 2018 to further carry out reform, as reform and opening-up is the path we must take to make progress in contemporary China and to realize the Chinese dream," Xi said.
He cited a Chinese adage, saying that the Chinese people would "cut paths through mountains Hydro Flask Water Bottle 64 Oz Wide Mouth White , and build bridges across rivers" to move forward on reform.
He extended New Year greetings to all Chinese, and best wishes to friends all over the world.
Xi said the year 2018 marked the first year of fully implementing "the spirit of the 19th National Congress of the Communist Party of China (CPC)," which outlines China's desired development blueprint over the next three decades.
"Building a high-rise begins with mounds of soil," Xi said, borrowing an ancient Chinese phrase to urge his fellow Chinese to take a step-by-step approach and work hard to turn the blueprint into a reality.
Xi said that by 2020 all rural residents living below the current poverty line should have been lifted out of poverty. It will be the first time in China's thousands of years of history that extreme poverty is eliminated.
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