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Category Archives: Elon Musk

Tesla, SolarCity tie up would create a one-stop-shop for clean energy

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 goes through.

SolarCity forms special committee to review Tesla offer

SolarCity Corp. formed a special committee to evaluate an acquisition offer made by Tesla Motors Inc., addressing potential conflicts with directors with overlapping interests in the companies.EETesla last week made an all-stock offer to purchase SolarCity for up to $2.8 billion.

Musk tries to assure investors rattled over proposed SolarCity takeover

Elon Musk defended his proposed marriage of Tesla Motors Inc. and SolarCity Corp. to assure investors his $2.86 billion plan to combine the companies is a “no brainer” that would benefit both.

SpaceX chief Elon Musk predicts people on Mars in 9 years

SpaceX CEO Elon Musk says if things go according to plan people will be on Mars just nine years from now.

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