Tesla should bail out on the SolarCity merger before it's too late (TSLA, SCTY)
In just a few months, Tesla has gone from being an upstart Silicon Valley car company on the verge of becoming a major automotive player with the introduction of it's $30,000, mass-market Model 3 and its 373,000 pre-orders to being a budding conglomerate that's about to acquire a struggling solar-panel leasing company to the tune of $2.6 billion.
The SolarCity deal, set to be voted on by shareholders next month, will also entail the absorption of $2.5 billion in debt, weighing down Tesla's balan
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