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Tesla-SolarCity Approved: New Industry Created
Friday, November 18, 2016 - 2:42pm | 264The Tesla Motors Inc (NASDAQ: TSLA) - SolarCity Corp (NASDAQ: SCTY) merger passed a shareholder vote on Thursday, so the question on everyone's mind is what's next. According to Trip Chowdhry of Global Equities Research, the shareholder vote will create an entity that faces an $88...
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What To Expect Now That Tesla Shareholders Have Approved A SolarCity Merger
Friday, November 18, 2016 - 11:50am | 288Tesla Motors Inc (NASDAQ: TSLA)'s acquisition of SolarCity Corp (NASDAQ: SCTY) was officially approved by Tesla's shareholders on Thursday. In a research report on Friday, Ben Kallo of Baird reiterated an Outperform rating on Tesla's stock with an unchanged $338 price target, even though the...
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Elon Musk's Blinding Optimism On SolarCity Fails To Brighten This Top-Rated Analyst's View
Thursday, November 3, 2016 - 8:46am | 643Tesla Motors Inc (NASDAQ: TSLA)'s CEO Elon Musk pitched to investors early this week the rationale behind the company's proposed acquisition of SolarCity Corp (NASDAQ: SCTY). Investors weren't necessarily won over, as SolarCity's stock lost more than 2 percent on Wednesday, but some sources, such...
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Tesla, SolarCity Are Revolutionizing The Home, Competition Is 'Scrambling And Disoriented'
Wednesday, November 2, 2016 - 7:46am | 291Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk is doing his best to convince shareholders to approve the company's pending merger with SolarCity Corp (NASDAQ: SCTY). Tesla provided shareholders with additional disclosures and information pertaining to the pending acquisition of SolarCity...
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Elon Musk Might Burn Too Much Cash With SolarCity Acquisition
Wednesday, October 26, 2016 - 12:49pm | 326One of the most highly debated stocks on Wall Street is Tesla Motors Inc (NASDAQ: TSLA). Bears continue to argue that Tesla's growth story and margin expansion continues to get delayed or pushed out, which calls into question if the company will ever deliver on its lofty promises. Bulls...
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What Does Tesla Have Coming?
Monday, October 10, 2016 - 7:33am | 281When Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk Tweets, investors listen. Musk said in two separate Tweets on Sunday that Tesla will unveil an "unexpected by most" new product on October 17 and a potential joint Tesla-SolarCity Corp (NASDAQ: SCTY) on October 28. In a separate...
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Will Elon Musk Merge Tesla And Space X Next? No.
Tuesday, August 2, 2016 - 8:32am | 356Is Elon Musk creating a vast empire? Musk, the CEO and founder of Tesla Motors Inc (NASDAQ: TSLA) recently announced his company will acquire SolarCity Corp (NASDAQ: SCTY). It just so happens that Musk is chairman of SolarCity's board of directors and cousins with its CEO, Lyndon Rive....
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SolarCity Shares Turn Red After Tesla Agreement
Monday, August 1, 2016 - 8:07am | 357SolarCity Corp (NASDAQ: SCTY) and Tesla Motors Inc (NASDAQ: TSLA) reached a merger agreement over the weekend, according to a regulatory filing dated Sunday. Tesla's CEO Elon Musk proposed to acquire SolarCity back in June. Musk also happens to be SolarCity's chairman and cousin to its CEO Lyndon...
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Tesla CEO Elon Musk To WSJ: 'The Most Informed Investors Are Highly Supportive' Of Proposed SolarCity Acquisition
Wednesday, July 20, 2016 - 8:20am | 300Many investors and Wall Street analysts weren't pleased with Tesla Motors Inc (NASDAQ: TSLA)'s announcement of its plans to acquire "sister company" SolarCity Corp (NASDAQ: SCTY) in late June. Tesla offered to pay $26.50 to $28.50 a share to acquire SolarCity. Tesla's CEO Elon Musk also happens to...
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Tesla + SolarCity = The 'Apple Store' For Electricity?
Wednesday, June 29, 2016 - 9:34am | 443When consumers enter a typical Apple Inc. (NASDAQ: AAPL) store, they can purchase a smartphone, tablet, music player, smartwatch and a computer in one shot. Apple also offers educational activities, including free presentations that offer potential consumers a hands-on experience. According to an...
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SolarCity-Tesla Merger Could Be Saved By Elon Musk's Reputation
Monday, June 27, 2016 - 12:49pm | 309When Tesla Motors Inc (NASDAQ: TSLA) offered to acquire SolarCity Corp (NASDAQ: SCTY), many analysts immediately opposed the deal. One of the more notable Tesla bears, Ronnie Moas of Standpoint Research, blasted Tesla's offer as being a "bail-out" for the solar company that just 24...
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Jim Chanos Thinks Tesla-SolarCity Deal Is 'Shameful'
Wednesday, June 22, 2016 - 12:53pm | 296Jim Chanos is not a fan of SolarCity Corp (NASDAQ: SCTY) and Tesla Motors Inc (NASDAQ: TSLA) and explained in early May why he is short both names. Naturally, investors are curious to hear Chanos' opinion after Tesla offered to acquire SolarCity for $26.50 to $28.50 per share. Speaking to...