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 …
The Silevo Acquisition Tesla (NASDAQ:TSLA ... The dollar amount was firm, so the shares issued depended upon the market price of SCTY stock at the time of settlement. Because the stock price had decreased to around $20 when the …
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, …
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 …
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 …
Even the high end of Tesla's offer, which the carmaker said was $28.50 a share, is below where SolarCity was trading …
Early this morning, Tesla announced that it had come to an agreement to acquire SolarCity in a $2.6 billion all stock transaction. Tesla first announced it was interested in acquiring the solar power company back in June. In the wake of …