Musk served as chairman of SolarCity's board since the company's 2006 …
It also claims the merger amounted to "a bailout" of SolarCity — which was …
Earlier Thursday, the stock was on pace for a pair of record lows — its biggest ... See also: Tesla shareholders notch victory in ongoing suit over SolarCity
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 …
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 …
SolarCity Corp. (NASDAQ: SCTY) reported fourth-quarter and full-year 2015 results after markets closed Tuesday afternoon. For the quarter, the solar PV installer posted an adjusted diluted net loss per share of $2.42 on revenues of …
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, …