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 …
The shares of the largest solar installer in the U.S., SolarCity, rose by more than 15% on Thursday on a rumor that the company might be considering going private. SolarCity’s shares have slid from a high of close to $60 per share late …
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 …
ISS' backing of the deal is a key endorsement at a time when shareholder resistance against the takeover remains high. SolarCity's stock rose 9 percent on Friday to $20.40. "The transaction is a necessary step toward TSLA’s goal of …
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 …
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 …
Wall Street ratings agencies set the tone for today's stock market. Now let's turn to this morning's new stock coverage, a list that includes a couple other alternative energy companies in addition to SolarCity. Artisan Partners Asset …
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 …
Musk’s future-oriented empire—Tesla Motors, SolarCity and SpaceX—has …