Musk's betting big on the future of solar
Yahoo Finance, 2 Jun 2016
Elon Musk's proposal for Tesla (NASDAQ: TSLA) to buy SolarCity (NASDAQ: SCTY) in an all-stock deal is being met with the usual moans of disbelief.
Still, the central core of the complaints — that Musk is making an endless capital call on the markets to fund some futuristic idea of a solar utility giant — is essentially correct.
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