Tesla, SolarCity shareholders prepare to vote on merger
Tesla Motors CEO Elon Musk will learn Thursday if shareholders support his plan to merge with SolarCity Corp. after a lengthy debate over the merits of the deal.
Musk says the combination will create a one-stop shop for solar panels and electric cars.
Shareholders of both companies are scheduled to vote Thursday afternoon at two separate meetings near the companies’ California headquarters.
The all-stock deal was worth $2.6 billion when the companies approved it in August, but their shares
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