Deals
Tesla Falls After Cash Needs Exposed by SolarCity Merger Filing
- Electic-car maker falls most since acquisition plan announced
- Solar company shares drop, too, as relations raise questions
Musk Talked SolarCity Merger Before Tesla Stock Sale
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For Elon Musk, the ifs are piling up.
A day after fresh disclosures about Musk’s controversial plan to merge his Tesla Motors Inc. and SolarCity Corp., his money-losing solar company, shares of both companies plunged anew Thursday.