Wednesday, June 22, 2016

WRAPUP 1-Investors see trouble in Musk's dream for Tesla-SolarCity tie-up

June 22 (Reuters) - Investors questioned a plan by Silicon

Valley heavyweight Elon Musk for his electric car company Tesla

Motors to buy his rooftop solar company SolarCity for up to $2.8

billion, sending Tesla's shares down more than 10 percent on

concerns the two would not fit together and a deal would

distract Tesla from making cars.

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