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cespare
on June 21, 2016
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Tesla Makes Offer to Acquire SolarCity
Isn't it unusual to make an offer as an "open letter" like this? I thought these discussions generally happen behind tightly closed doors.
jonbwhite
on June 21, 2016
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It the letter it noted that the reason for the public disclosure was due to Elon's significant stake of ownership in SolarCity and SEC disclosure obligations.
cespare
on June 21, 2016
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Ah, there it is. I had read the blog post but skipped the letter.
bowmessage
on June 21, 2016
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Just speculation, but there were probably plenty of closed-door discussions preceding this letter.
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