Monthly Archives: June 2016

Tesla Model S
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Tesla wants to purchase Solar City

Out of the blue, Tesla has announced that it offered to acquire SolarCity for up to $2.8 billion in an attempt to create a one-stop shop for cleaner energy. Tesla said it offered $26.50 to $28.50 per share for SolarCity. The price is 25% to 35% premium to the solar company’s Tuesday close. If the deal…

Wood Fuel Magazine 2016