homeWelcome, sign in or click here to subscribe.login
     


 

 

Environment


Subscriber content preview

June 22, 2016

Tesla makes$2.8B offer for SolarCity

SAN FRANCISCO (AP) — Electric car maker Tesla Motors is offering to buy solar panel maker SolarCity for up to $2.8 billion in an attempt to create a one-stop shop for cleaner energy as consumers become more concerned about fossil fuels hurting the environment.

The all-stock deal announced Tuesday values SolarCity Corp. at $26.50 to $28.50 per share, depending on a review of the company's books.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.