Around the Net
Tesla, Solar City Close To Merger
- Reuters, Tuesday, July 26, 2016 8 AM
Tesla Motors and SolarCity Corp have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said. The two companies, which count billionaire Elon Musk as a major shareholder, are in the final stages of carrying out due diligence on each other.
