DETROIT -- Tesla wants to put its car and energy storage businesses under one solar-powered roof. Tesla said Monday it will buy solar panel maker SolarCity Corp. in an all-stock deal worth $2.6 billion. The deal must still be approved by the …
PALO ALTO (CBS / AP) — Tesla will buy the solar panel maker SolarCity Corp. in an all-stock deal worth around $2.6 billion. The deal must still be approved by the government and shareholders at both companies. It’s expected to close …
Tesla will buy the solar panel maker SolarCity Corp. in an all-stock deal worth around $2.6 billion. The deal must still be approved by the government and shareholders at both companies. It's expected to close in the fourth quarter if it goes …
Tesla's stock swap offer valued SolarCity at $25.37 a share, or $200 million less than the initial proposal Musk outlined in June, before advisers to the companies had done due diligence. SolarCity shares shed 7.4 per cent on Monday to …
The logic of the buyout never made much sense in the first place, unless you looked at the hundreds of millions of dollars Elon Musk, Peter Rive, and Lyndon Rive would lose in stock and bond value if SolarCity went under. This is looking …
Tesla said Monday it will buy solar panel maker SolarCity Corp. in an all-stock deal worth $2.6 billion. The deal must still be approved by the government and shareholders at both companies. It's expected to close in the fourth quarter if it …
SolarCity, which is backed by Tesla Motors Inc founder Elon Musk, said net loss attributable to shareholders widened to $25 million, or 25 cents per share, in the first quarter ended March 31, from $21.5 million, or 22 cents per share, a year …
Shares of SolarCity Corp., the rooftop solar-panel installer backed by Elon Musk, rallied Thursday after analysts at Deutsche Bank rated the company’s stock a buy, saying that sinking costs will allow the technology to better compete …
NEW YORK (AP) - Tesla will pay approximately $2.6 billion for solar panel maker SolarCity in an all-stock deal. The transaction gives SolarCity Corp. stockholders 0.110 Tesla common shares per SolarCity share, which puts the value …