Musk to Tesla shareholders: SolarCity a better buy than you think
Tesla Motors CEO Elon Musk on Tuesday presented closing arguments for why his $2.6 billion bid to buy SolarCity, the solar financing and installation company he chairs, makes strategic and financial sense despite some analysts’ vocal doubts. [...] on Tuesday, electric automaker Tesla posted on its company blog an extensive description of SolarCity’s financial strength and the contributions it is expected to make to the combined company. Tuesday’s blog post, which Musk planned to follow with an afternoon press conference, appeared designed to reassure shareholders that SolarCity has stronger finances than assumed.