It also claims the merger amounted to "a bailout" of SolarCity — which was …
Originally published on EV Obsession. What was the cause of the Tesla stock price plunge following the announcement of the (possible) SolarCity deal? Conventional wisdom says that it’s the result of the deal being a “bad one.” But what are …
SolarCity Corp (SCTY) hasn’t been able to catch a break in 2016. SCTY stock has spent much of the year trending downward as funding concerns, low fossil fuel prices and the loss of lucrative tax credits have taken hold. And those …
A lot of negative coverage has opened the opportunity to be a contrarian with SolarCity, but it comes with risk. Given the high leverage, the question about SolarCity viability is real. Can the company survive? The short answer is "yes." Given …
Wall Street has been taken unawares by Tesla Motor's TSLA shocking offer to buy SolarCity SCTY on Tuesday. Surprisingly, the $2.8 billion all-stock bid has grabbed as much attention as such heavyweight issues like the …
In a rapid “knee-jerk” reaction, traders bid up SolarCity by 13 percent and sent Tesla tumbling down 12 percent. [graphiq id=”l2XBbE8j5EV” title=”Tesla Motors Inc. (TSLA) Stock Price” width=”600″ height=”619″ url=”https://w.graphiq ...
Under the terms of Tesla's SolarCity acquisition, SCTY shareholders will receive 0.11 shares of TSLA stock for each share they own. Tesla's share price is about $200, which would imply a so-called takeout price of about $22 for SCTY. But …
Although it was less than compelling to most Tesla investors, it didn’t appear as if much could be done by the naysayers to prevent the pricey purchase of SCTY, that struggling solar company. With the dust finally settling two days later, …
Through Tesla, Musk has made an all-stock deal offer for embattled solar-energy firm SolarCity, which Musk cofounded. He said that this deal would help to make Tesla the first "vertically integrated energy company offering end-to-end clean …