Tesla & SolarCity Finalize $2.6 Billion Deal
[From 1 August] The Tesla Motors merger with SolarCity, announced first approximately on month ago, becomes reality today. Both companies will combine in all stock deal, in which SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share. Total equity value of SolarCity stands at ~ $2.6 billion, while Tesla is valuated at approximately