1) TSLA is spending money it doesn't have to purchase a money losing company that does very little to help spur electric cars. Even if they did, the purchase and association with TSLA would have to somehow have a halo effect that doesn't currently exist. This will not happen because there's no way to increase sales of either. They could have just had a licensing deal or something, instead of purchasing the company at a premium.
To purchase a company that is so far away from your core-business model, ie. electric cars, is insane and fiscally irresponsible. Terrible ideas like this are what distract companies and cause them to fail. Look at Time-Warner purchasing AOL. SCTY is a financing play, that just happens to use solar power as its vehicle. It's maniacal rationalization to believe that this actually helps either business or will justify the purchase price.
2) See #1.
3) Anyone who thinks this is a good purchase can't read a financial statement, because otherwise they would see what sort of cash-flow-negative situation both TSLA and SCTY are in. Companies like this do not go and buy money losing companies that also burn cash.
These are both dream projects to change the world. Sure they don't look that good on paper but more power to them, I hope they succeed. They are both moonshots though, if there is any synergy or overlap it might make some sense.
Why doesn't the purchase make sense?
Why do you think I can't read a financial statement?
Why is SCTY a terrible investment?
Why is buying the entire company insane?
You've said absolutely nothing constructive or useful, just a bunch of (wrong, imo) opinion.