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Elon Musk and Rive brothers personally bought $100 million worth of SolarCity (SCTY) bonds...

Discussion in 'News from Electrek.co' started by RSSFeed, Aug 24, 2016.

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    When SolarCity first launched its Solar Bond Program, it was presented as an interesting way for people to invest in solar with minimum cost requirements and without having to install panels on their roof. It ended up looking more like SpaceX’s private investment platform after Elon Musk’s rocket company bought most of the bonds over the last year – about $255 million worth.

    Now Elon Musk is also personally investing in the Solar Bonds, along with SolarCity co-founders Lyndon and Peter Rive, ahead of SolarCity’s merger with Tesla. more…

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