Re:Looking for Sun Under the Hood of the Tesla-SolarCity Deal
by jeromeflipo on Thursday June 23, 2016 @06:21AM
(#11959906)
The transaction is in shares only. Musk can't gain much financially since he owns ~22% of each company.
Musk is big owner in both. His relatives are involved with SolarCity. This looks like a attempt to boost SolarCity using Tesla's stock owners money.
http://www.nasdaq.com/symbol/scty/interactive-chart?timefram...