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From Electrek: Tesla’s board first turned down Elon Musk’s proposed merger with SolarCity 6...

Discussion in 'News from Electrek.co' started by RSSFeed, Aug 31, 2016.

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    There are few interesting tidbits of information coming out of Tesla’s SEC filing in regard to the proposed merger with SolarCity, like the fact Tesla is currently planning another round of financing, but now we also have a detailed timeline of the behind the scene work for the merger and it includes an interesting information.

    CEO Elon Musk first brought up the idea of buying SolarCity to Tesla’s board 6 months ago (Feb 2016), but the board turned him down at the time. The automaker only started considering the merger 3 months later. more…

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