Lyndon Rive

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has clinched a legal victory over a shareholder lawsuit related to the SolarCity Corp takeover, The Wall Street Journal reported on Wednesday, citing a court ruling. What Happened: A Delaware court judge...

Australia is months away from a major energy crisis. According to the Australian Broadcasting Corporation, there may not be enough electricity to power every home and business in South Australia next summer. Cue Elon Musk, Tesla Inc (NASDAQ: TSLA)'s eccentric CEO and visionary, to the rescue. Musk...

The year 2006 was a trying time for the U.S. economy, as GDP growth slowed along with job growth. The high-flying residential housing market landed with a thud. Consumers were stifled by rising debt burden. The U.S. dollar was sold off on expectations that the Federal Reserve would either stand pat...

Elon Musk, CEO and founder of Tesla Motors Inc (NASDAQ: TSLA) and Chairman of SolarCity Corp (NASDAQ: SCTY), is facing "financial crunches" at both entities. The Wall Street Journal noted that Tesla said in a regulatory filing on Wednesday it will raise additional capital by the end...

SolarCity Corp (NASDAQ: SCTY) and Tesla Motors Inc (NASDAQ: TSLA) reached a merger agreement over the weekend, according to a regulatory filing dated Sunday. Tesla's CEO Elon Musk proposed to acquire SolarCity back in June. Musk also happens to be SolarCity's chairman and cousin to its CEO Lyndon...

Many investors and Wall Street analysts weren't pleased with Tesla Motors Inc (NASDAQ: TSLA)'s announcement of its plans to acquire "sister company" SolarCity Corp (NASDAQ: SCTY) in late June. Tesla offered to pay $26.50 to $28.50 a share to acquire SolarCity. Tesla's CEO Elon Musk also happens to...

Shares of SolarCity Corp (NASDAQ: SCTY) were trading lower by more than 25 percent Tuesday after the company reported first quarter results and slashed second quarter guidance. SolarCity noted in its quarterly report a 19 percent increase in its cost per watt, "largely owing to lower...

Shares of SolarCity Corp (NASDAQ: SCTY) gained nearly 4 percent Wednesday morning after the company received a $100 million investment from the private equity firm Silver Lake Kraftwerk. However, SolarCity's stock has lost more than 50 percent over the past year. Silver Lake Kraftwerk's Managing...

One of the largest bearish arguments against solar stocks has always been the simple fact that the sun doesn't always shine. SolarCity (NASDAQ: SCTY) came up with a solution: use big battery packs that will provide backup power while lowering electric bills. Elon Musk's Tesla Motors (NASDAQ: TSLA...

There are a few stocks that are publicly traded that have recently gotten the proverbial "Elon Musk bump" as the now-iconic entrepreneur and visionary stakes his claim in financial markets. However, recent jitters over the long-term sustainability of the new technologies his many companies...

According to Elon Musk's Wikipedia page, he first conceived of the idea for SolarCity (NASDAQ: SCTY), a company founded by his cousins Lyndon and Peter Rive, at the annual Burning Man festival in the Nevada desert. Like many of Musk's various inspirations, today SolarCity is a thriving company...