TSLA - A Closer Look At The Tesla - Maxwell Technologies Deal
Tesla (TSLA) just acquired Maxwell Technologies (MXWL). This is a very savvy acquisition. Tesla is trading equity for cash, acquiring technology that can give its competitors a headache and it will allow Tesla to tout its proprietary and advanced battery technology. Helpful in the PR wars with the detestable short sellers. The transaction adds an interesting dimension to the Tesla trade.
I've recently reviewed the Tesla earnings call and I am currently short the stock. The primary reason being the company is running out of options and it is refusing to