Tesla’s SolarCity Hangover - News Summed Up

Tesla’s SolarCity Hangover


Every investor in Tesla has put their trust in Elon Musk to create a very large and very profitable electric-car maker. That trust took a slight hit on Friday when the Justice Department announced that SolarCity, a Tesla subsidiary, agreed to pay about $30 million to settle alleged violations of the False Claims Act. The government alleged that SolarCity inflated its solar-installation costs in government reports to secure larger...


Source: Wall Street Journal September 22, 2017 19:18 UTC



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