Why Did Tesla Merge With Solar City? Early today (Monday, August 1, 2016), Tesla ($TSLA) agreed to an all stock $2.6B merger with Solar City ($SCTY). Many people are scratching their heads and are asking why? The short answer: Elon Musk (Chairman of both companies) wanted the merger and pretty much controls both boards.

from Forbes – Tech http://ift.tt/2aM3DVZ
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