SolarCity has risen to dominance in the residential solar industry and built a $6 billion market cap in the process. It's done this by expanding more aggressively and offering innovative financing to ...
In the runup to Tesla Inc.’s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer” — a purchase that would combine the leading maker of electric vehicles with a ...
Recently unsealed court records in a shareholder lawsuit filed against Tesla and its board alleges that key information was hidden from their auditors who reviewed Tesla’s buyout of SolarCity, which ...
In an industrial park near the shore of Lake Erie, hard by the Buffalo River, the future of the solar power industry is under construction. SolarCity’s sprawling Buffalo factory, built and paid for by ...
WILMINGTON, Del. (Reuters) - Elon Musk insisted in court that Tesla Inc's board controls the company but also said the electric vehicle maker would "die" if he wasn't the chief executive, as he ended ...
Finally, SolarCity's fourth-quarter 2014 numbers are out and by the look of the market's reaction, investors aren't terribly happy. Quarterly revenue was $47.3 million, loss from operations rose from ...
Gov. Andrew Cuomo is investing $750 million of taxpayer funds and the hopes of a community desperate for an economic recovery in a company that is losing money, weathering two federal investigations ...
Newly unsealed documents show that eight Tesla shareholders have accused Elon Musk of buying the solar-panel company SolarCity at an inflated price in 2016 to bail it out. Tesla acquired SolarCity — ...
SolarCity improperly fired three employees who blew the whistle about alleged sales practices that were used to justify an "unreasonably high valuation" of the solar energy services company, a new ...
Tesla has turned to two insiders to manage and oversee the company’s finances. The automaker officially tapped as its next chief financial officer Zachary Kirkhorn, a longtime employee who has been ...
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