Tesla shareholders approve acquisition of SolarCity

November 17, 2016 4:13 PM EST

A Tesla Model S charges at a Tesla Supercharger station in Cabazon, California, U.S. May 18, 2016. REUTERS/Sam Mircovich/File Photo


Get daily under-the-radar research with StreetInsider.com's Stealth Growth Insider Get your 2-Wk Free Trial here.

LOS ANGELES (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) shareholders voted "overwhelmingly" in favor of acquiring SolarCity Corp (NASDAQ: SCTY) on Thursday, handing a victory to Chief Executive Elon Musk as he tries to create a carbon-free energy and transportation company.

The company's special meeting of stockholders was broadcast live on the Internet.

(Reporting by Alexandria Sage; Editing by Matthew Lewis)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Mergers and Acquisitions, Reuters

Related Entities

Tesla, Definitive Agreement

Add Your Comment