Shareholders Approve Tesla-SolarCity Merger

November 21, 2016

Shareholders with Tesla Motors and SolarCity approved Thursday a highly contentious merger between the two companies. “Tesla’s shareholders have overwhelmingly approved our acquisition of SolarCity,” Tesla officials wrote Thursday in a press statement. It added: “Excluding the votes of Elon and other affiliated shareholders, more than 85% of shares voted were cast in favor of the…

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