The TSLA stock price is plummeting today, and CEO Elon Musk's plans to acquire the solar energy company SolarCity are at the heart of today's investor panic.
A number of analysts are skeptical of the deal as well.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The TSLA stock price is plummeting today, and CEO Elon Musk's plans to acquire the solar energy company SolarCity are at the heart of today's investor panic.
A number of analysts are skeptical of the deal as well.
But we remain bullish on the long-term value of the TSLA stock price...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The SCTY stock price crashed more than 25% to $16.50 today after posting worse than expected Q1 2016 results and issuing weak forward guidance.
The SCTY stock price is now down more than 67% in 2016.
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The SolarCity Corp. (Nasdaq: SCTY) stock price rose nearly 10% to $58.60 intraday today (Thursday). After today’s gain, the SCTY stock price is now up more than 58% in the last week.
Solar and wind companies have been in focus this week after U.S. lawmakers voted to extend lucrative subsidies for renewable energy on Tuesday.
Here’s what that means for the SCTY stock price as we head into 2016…