SolarCity (SCTY) Deal Spread Narrows as Musk Tweets About Joint Product

September 22, 2016 1:13 PM EDT

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The M&A deal spread on Tesla (NASDAQ: TSLA)/SolarCity (NASDAQ: SCTY) narrowed a bit today after Elon Musk showed a feature of the deal.

Musk said on Oct. 28 they plans to unveil of new Tesla/SolarCity solar roof with integrated Powerwall 2.0 battery and Tesla charger.

Notably, the wide spread has been shrinking heading into the vote.



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