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BullNBear52

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BullNBear52

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Wednesday, 06/22/2016 9:46:31 AM

Wednesday, June 22, 2016 9:46:31 AM

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Elon Musk Aims to Shore Up SolarCity by Having Tesla Buy It

By MICHAEL J. de la MERCED and PETER EAVIS



Reuters

Elon Musk is chairman of SolarCity and chief of Tesla Motors. Tesla has offered to buy SolarCity in an all-stock deal.

The entrepreneur argues a “sustainable energy company” comprising the two ventures makes sense, but investors may take some convincing.


http://www.nytimes.com/2016/06/22/business/dealbook/tesla-solarcity-elon-musk.html?ref=dealbook

“Talking nonsense is the sole privilege mankind possesses over the other organisms." ? Fyodor Dostoyevsky, Notes from Underground

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