SolarCity, the solar energy company that was acquired by Tesla last year, will pay $29.5 million as part of a settlement with the government, which accused the company of lying to the government about ...
SolarCity has agreed to pay $29.5 million to settle long-running claims it overcharged the federal government for rebates on solar systems installed between 2009 and 2013. The settlement ends a ...
The $2 billion Tesla-SolarCity merger went into effect today, just four days after Tesla Motors’ shareholders gave their approval. In a filing with the Securities and Exchange Commission, Tesla said ...
SolarCity was bought by Tesla only eight months ago, and most of the key players at the solar giant are now gone. Less than eight months after the SolarCity deal closed, Tesla has lost most of its ...
WASHINGTON — SolarCity has agreed to pay $29.5 million to resolve allegations that it submitted inflated claims on behalf of itself and affiliated investment funds to the U.S. Department of the ...
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SolarCity has reached an agreement to be acquired by Tesla Motors in an all-stock deal valued at $2.9 billion that was first announced last month. The rooftop solar installer said the result of the ...
Elon Musk unveils Tesla’s Powerwall 2 battery and SolarCity’s roof panels in Los Angeles in October. (Tesla via YouTube) Tesla’s shareholders overwhelmingly approved a merger with SolarCity today, ...
Back in November, we reported that Tesla shareholders had greenlighted the acquisition of SolarCity. At the time, CEO Elon Musk promised that the deal would add $1 billion in revenue by 2017, even ...