Tesla Offers to Acquire SolarCity

June 21, 2016 9:45 PM

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Tesla Offers to Acquire SolarCity

Elon Musk is chairman, largest shareholder of both companies

Elon Musk proposed combining his electric-car and solar-energy companies, in a bold effort to consolidate his holdings and offer widespread clean-energy products from vehicles to power in homes.

Also read: BAT Wins Reynolds With Sweetened $49.4 Billion Buyout Bid

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