Elon Musk made a $6 billion mistake when he bought SolarCity with Tesla stock | Markets Insider
When Elon Musk acquired SolarCity in the fall of 2016, he paid for it using Tesla stock worth $2.6 billion at the time. Those shares are worth $8.4 billion today.
Tesla's CEO gave 0.110 Tesla shares to SolarCity stockholders for every share they owned in the solar-energy company. Based on the electric-car maker's $230 stock price in late July 2016, the deal valued each SolarCity share at $25.36 at the time.
Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.
That is okay. Musk and Tesla owners will be okay. They are having a heck of a run.
According to the Bible, How do you influence faith to Christian believers? (Part 1 of 3)
(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)
Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to Thank you, our beloved friend.
Check our Discord Chat
Join our Official Community: https://beta.steemit.com/trending/hive-182074