SolarCity

Memo to Gov. Hochul: Don't repeat SolarCity fiasco

Rational economic development strategy focuses on creating an attractive business climate — low taxes; reasonable and predictable regulations; reliable, low-cost power.

Tesla investors urge judge to make Musk repay $13B for SolarCity deal

Tesla shareholders urged a judge on Tuesday to find Elon Musk coerced the company's board into a 2016 deal for SolarCity and asked that the chief executive be ordered to...

SEC probes Tesla over whistleblower claims on solar panel defects

The US securities regulator has opened an investigation into Tesla over a whistleblower complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar...

Investors say Musk should refund $9.4 billion to Tesla for SolarCity deal

A Delaware judge should order Elon Musk to repay $9.4 billion to Tesla for the benefits he received by pushing the electric-vehicle maker in 2016 to buy an ailing solar...

Tesla short-seller David Einhorn calls on Elon Musk to resign

A prominent hedge fund manager is calling on Tesla Chief Executive Elon Musk to resign following reports that the electric automaker’s solar panels have been catching fire. Greenlight Capital’s David...

Walmart, Tesla working to settle lawsuit after solar panel fires

Walmart and Tesla are working toward settling a recent lawsuit brought by the department store giant against the energy company for solar panels that Walmart said caused fires at seven...

Worse than Amazon: Cuomo’s Buffalo Billion just went bust

Amazon’s pullout Thursday wasn’t even the worst economic development news for Gov. Andrew Cuomo this week: Just two days earlier, his economic development czar basically admitted that the gov’s signature...

Tesla's workforce cut will hit solar operation hard

Electric car maker Tesla’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6...

Tesla says it's started making solar roof tiles in Buffalo

Tesla said on Tuesday it began manufacturing its premium solar roof tiles at the company’s Buffalo, NY, factory last month and has started surveying the homes of customers who made...

Secret clause leaves taxpayers on the line for SolarCity boondoggle

Here’s another sign the SolarCity plant will prove a huge boondoggle: It turns out the state quietly made it easier for the company to walk away if it can’t turn...