Depending on who you talk to, Tesla is either one of the greatest stories of innovation and the rise of a company against all odds, or it's a house of cards just waiting to collapse. Which side are you on?
In Tesla's earlier days, there were talks of a Google purchase. But, boy, times have changed. This was way back when it would have commanded a $6B price tag. Today, with shares trading around $750 a pop, its market cap is hovering around $140B.
While it's obviously a bit of a reach to think that Google would take the plunge now, weirder things have happened. And, you have to keep in mind, that Google's self-driving car program has gone pretty quiet. Perhaps there could be some synergies there?
Having said that, a team of analysts have roughly modeled out a scenario where the technology giant acquires Tesla. It requires you to suspend your disbelief but hear them out.
Read the FULL story by clicking "Read Article," below.
In the following analysis, we take a look at why Tesla could be an attractive acquisition target for Google. We break down our analysis into three parts: what Tesla would stand to gain, what Google would stand to gain, and a scenario where Tesla’s value could rise to $1.5 trillion aided by a deal with Google. Taking into account Google’s current market cap of $1 trillion, the combined entity could be worth north of $2.5 trillion, as we detail below...
Read Article