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Tesla agreed to buy solar panel installer SolarCity for $2.6 billion (£1.9 billion) in an all-stock deal in 2016. Musk was the biggest shareholder in both Tesla and SolarCity at that time, and his SolarCity shares were converted to $500 million of Tesla shares.
Jim Chanos, the billionaire investor and a well-known short seller in the hedge fund industry, said at the Delivering Alpha Conference on Tuesday, September 12, 2017, that he is continuing his short position ...
Less than a week after taking the first Model 3 cars off the line, Tesla Inc (NASDAQ: TSLA ) also installed its first solar roofs. The company made the announcement during its second-quarter earnings call ...