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 …
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 …
Shares of Tesla Motors Inc. rallied 1.3% in premarket trade Friday, after shareholders approved the electric maker's proposed acquisition of solar power company SolarCity Corp. late Thursday. Analyst Ben Kallo at Robert W. Baird …
Tesla Inc and SolarCity merger will also benefit the latter as Tesla customers will be enticed to visit sister stores. Tesla …
SolarCity Corp. SCTY, the largest U.S. rooftop solar installer, posted an adjusted loss of $2.56 per share, much wider both the Zacks Consensus Estimate of a loss of $2.30 and the year-ago loss of $1.52 per share. The wider loss can be …