Tesla Motors makes a stock exchange offer to acquire SolarCity for something like $2.5 or $3 billion.
When you have basically all the money in the world, it can be tough to spend it all. It will be even tougher to spend when you're dead. If you're Google CEO and co-founder Larry Page, though, you already know how you want your money to live on after you're gone: support innovators like Tesla CEO Elon Musk.
Thanks to skyrocketing share prices, yesterday was a very big payday for Tesla founder Elon Musk. The already wealthy businessman added another $1.1 billion, ten percent of his net worth, to his overflowing wallet yesterday after Tesla's shares hit $248. This time last year, TSLA was trading at roughly $34 per share.
In the last few months, Japan's Fukushima Prefecture has suffered through an enormous earthquake, devastating tsunami, and the frightening meltdown of multiple nuclear reactors. Not exactly the best set of circumstances. Though local and national officials have been working to restore services and and infrastructure, it's understandable that prefecture communities are still suffering from the damage caused this triptych of disaster.
I know that there can really never be enough pictures of the Tesla Roadster around. While a glut of pictures are fine, repeating the same information over and over gets annoying. So, when I stopped by the Tesla Motors and SolarCity booth at EVS23 this week, I asked company representatives to talk about the solar option for everyone's favorite all-electric sports car. We know all about the car already.