SolarCity

Hedge fund manager Jim Chanos has been short Tesla Inc (NASDAQ: TSLA) for quite some time. His conviction hasn't changed despite the stock's strength. Tesla's stock could become a compelling buy once the company is profitable, Chanos said during an interview with Bloomberg TV. The...

He sold his bank to PayPal because he wanted to get paid, pal. He launched a rocket into space, just to see if he could get it back. People call him the real-life Iron Man, but Iron Man does less to save the real world. From X.com to SpaceX, he is the most interesting man in the world ... at least...

Rocket ships, brain chips, music streaming, autonomous driving, solar power, underground roads with elevators — it might be easier to list all the stuff that doesn’t capture Elon Musk’s active imagination. Best known as a car mogul, the founder and CEO of Tesla Inc (NASDAQ: TSLA)...

Many Wall Street analysts and investors were not initially supportive of Tesla Inc (NASDAQ: TSLA)'s multi-billion acquisition of its sister company SolarCity. For instance, notable fund manager James Chanos said the acquisition represents a "shameful example of corporate governance at its worst."...

Apple Inc. (NASDAQ: AAPL) is best known for operating as a flawless cross-platform company and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is on a mission to duplicate the strategy. The only problem is, Musk faces many more tailwinds ahead, according to Robert Safian, "Fast Company" editor....

A patent is an exclusive right granted for an invention, which is a product or process that provides in general, a new way of doing something or offers a new technical solution to a problem, according to the World Intellectual Property Organization, or WIPO. Some breakthrough patents have helped...

Paul Coster, an alternative energy analyst with JPMorgan, still expects the SolarCity Corp (NASDAQ: SCTY) merger with Tesla Motors Inc (NASDAQ: TSLA) to proceed as planned but if the deal falls through, SolarCity will face higher discount rates for future capital raises and a "compromising...

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) reported its second quarter results after Tuesday's market close. SolarCity's stock were relatively unchanged given a pending merger agreement with its sister company, Tesla Motors Inc (NASDAQ: TSLA). Colin Rusch of Oppenheimer commented on SolarCity's...

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...

When consumers enter a typical Apple Inc. (NASDAQ: AAPL) store, they can purchase a smartphone, tablet, music player, smartwatch and a computer in one shot. Apple also offers educational activities, including free presentations that offer potential consumers a hands-on experience. According to an...

Back in late February, a report surfaced that SolarCity Corp (NASDAQ: SCTY) was looking to lower its headcount at a production facility in Buffalo, New York. The prior reports may have now been validated, as Investigative Post, a Western New York-based news site, reported that SolarCity slashed its...

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) were trading higher by more than 3 percent early Thursday morning after the company announced the launch of three new services for utility operators. First, SolarCity launched its development of utility-scale solar power plants, which act as an alternative to...