• News Desk

TESLA, SOLARCITY SHARES FALL AHEAD OF MERGER DETAILS


Shares of Tesla Motors Inc (TSLA.O) and SolarCity Corp (SCTY.O) tumbled on Tuesday ahead of expected financial details from the electric carmaker on a pending $2.6 billion merger that has been met with widespread investor skepticism. Shares of Tesla were down 4.1 percent in afternoon trading to $189.60 and shares of solar panel installer SolarCity were down 3.5 percent at $18.91. Tesla was due to post additional information about the acquisition on its blog and website after the market close, followed by a question and answer webcast at 5 p.m. EDT (2100 GMT).

Read more on the story here

#Tesla #Solarcity #BREAKINGNEWS

amazon smile for pragnya.png
Our Non- Profit Partners
pragnya_logo.png
LOCAL EVENTS
BAY AREA NEWS

Powered by Studio M | 1917 Concourse Dr. San Jose CA 95131