Tesla Motors Inc (TSLA.O) Chief Executive Officer Elon Musk said on Wednesday that the proposed acquisition of SolarCity Corp (SCTY.O) could eventually push the electric car maker’s valuation to $1 trillion, but investors were skeptical. Shares of Tesla were down nearly 7 percent at $204.50, putting its market capitalization at ... Read More »

Tesla Motors has made a bid to acquire SolarCity – a US company that designs, finances and installs solar power systems – in an attempt to boost its clean energy business. The electric car maker’s offer is estimated to be worth about $2.8bn (£1.91bn), sending the company’s shares soaring. Shares ... Read More »