SolarCity has agreed to pay $29.5 million to settle long-running claims it overcharged the federal government for rebates on solar systems installed between 2009 and 2013. The settlement ends a ...
SolarCity, the solar energy company that was acquired by Tesla last year, will pay $29.5 million as part of a settlement with the government, which accused the company of lying to the government about ...
Companies don't typically go through major strategic transformations when they're simultaneously in the midst of being acquired, but Elon Musk's potential merger of SolarCity (SCTY +0.00%) with Tesla ...
The $2 billion Tesla-SolarCity merger went into effect today, just four days after Tesla Motors’ shareholders gave their approval. In a filing with the Securities and Exchange Commission, Tesla said ...
SolarCity was bought by Tesla only eight months ago, and most of the key players at the solar giant are now gone. Less than eight months after the SolarCity deal closed, Tesla has lost most of its ...
Elon Musk unveils Tesla’s Powerwall 2 battery and SolarCity’s roof panels in Los Angeles in October. (Tesla via YouTube) Tesla’s shareholders overwhelmingly approved a merger with SolarCity today, ...
SolarCity has a lot riding on the earnings report it will issue late Monday afternoon. The solar energy systems installer has a recent history of disappointing investors, whether by sharply scaling ...
Shareholders of Tesla Motors and SolarCity have handed Elon Musk the keys to what will be the world’s largest integrated green energy company, but challenges abound for the entrepreneur’s vision to ...
SolarCity will buy Paramount Solar for $120 million in its pursuit of a lofty goal: to grow its solar installations to one million customers in the next five years. That's about 6,000 megawatts worth ...
Airbnb announced a partnership with SolarCity on Tuesday that will offer up to $1,000 in solar rebates to those who host or rent properties through the home-sharing firm. The rebates for residential ...
Miles of plumbing, valves and wires. Image from a tour of SolarCity’s factory at RiverBend in Buffalo. [Photo: Robert Kirkham/Buffalo News] BY Austin Carr In Buffalo, NY, Elon Musk and his newly ...
SolarCity has reached an agreement to be acquired by Tesla Motors in an all-stock deal valued at $2.9 billion that was first announced last month. The rooftop solar installer said the result of the ...
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