Tesla Buys Maxwell For Battery Breakthrough | HyperChange TV | Published Feb 4, 2019 | YouTube
Did they go “wee, wee, wee” all the way to the bank?
I briefly had them confused with Maxell, the makers of the cassette tapes used for your really _important_ mix tapes, and the floppy disks for all your cheap, cracked video games. Yes, Maxell does make batteries. (Well, they don’t make many floppies anymore.)
This is interesting: it confirms that yes, Tesla sees the writing on the wall vis-a-vis the expiration date for Lithium battery-technology.
I would guess that Maxwell knows more about batteries than Tesla.
5.56mm
Heres a simple question for all the stock experts here I suspect so simple that I cant find an answer to it online (maybe I havent been searching well enough): what happens to the money of people who to this point have owned Maxwell stock?
What happens to their ownership? Do they now own stock in Tesla, or will they get a check for their stake in the company of Maxwell or what. Hows that work?
How does a buyout like this affect previous owners of the stock bought out, thats my general question.
Thanks in advance.