Tesla, SolarCity shareholders approve merger

(AP) — Electric car maker Tesla Motors won the backing of shareholders to acquire SolarCity Corp., the nation’s largest solar panel installer.
Shareholders of both companies approved the merger by a wide margin Thursday.
Tesla CEO Elon Musk proposed the merger in June, saying he wanted to create a one-stop shop for solar panels and electric cars. Musk is also chairman of SolarCity, which is run by his cousins.
The all-stock deal was worth $2.6 billion when the companies approved it i