Feds approve $2.6 billion Tesla-SolarCity merger, but stock market says ‘meh’

Meanwhile, SolarCity plans to offer integrated power-generating roofs in addition to the solar-power panels it has been installing on existing structures.

Neither company has yet become fully profitable, and the share prices for both companies trended downward in today’s trading. This week, Musk and other SolarCity executives reported that they purchased tens of millions of dollars worth of bonds issued by the company – a move that CNBC said stirred concerns among some industry observers.

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Elon Musk’s Tesla plans are all futuristic promise with no product

Author: Edward Niedermeyer Source: AFR Elon Musk’s second “master plan” for Tesla Motors arrived much like one of the electric automaker’s cars: brilliant and inspiring, but late and rough around the edges. And like Tesla’s desirable yet quality-challenged cars, Musk’s vision is sure to be embraced and evangelised by anyone who was already convinced that […]

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‘Quintessential Insider Deal’: Taxpayers Finance Family Ties of 2 Failing Green Companies

Author: Kevin Mooney Source: Daily Signal Grassroots conservative activists who run a reboot of Ronald Reagan’s political action committee want to know why the government allows one failing company to buy another failing company while both get taxpayer subsidies. They also want to know why corporate executives with friends in high places have not been subjected to […]

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