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Naman Shukla
Naman Shukla
Articles (220) 

Tesla Acquiring SolarCity Is a Disastrous Idea

Given company’s cash burn rate, the acquisition makes no sense

June 29, 2016 | About:
Tesla (NASDAQ:TSLA) recently announced it is interested in buying SolarCity (NASDAQ:SCTY) in a deal that would value SolarCity at roughly $26 to $28. Tesla CEO Elon Musk has called the deal a

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