Tesla, SolarCity To Announce Merger On Monday?

August 1, 2016

 

Troubled electric car maker Tesla Motors, Inc. and solar panel installer SolarCity Corp. are expected to announce a merger Monday, people familiar with the matter told Reuters. The step is in line with Tesla founder and billionaire Elon Musk’s master plan “part deux” released last month that aims at offering its consumers a source of hardware…

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