Delayed by talks: SolarCity said that the takeover talks with Tesla led to project financing delays of about 30 days. — Reuters
Tesla Inc said SolarCity co-founder Peter Rive is leaving the company, eight months after the electric car maker bought the biggest US residential solar panel maker.
SolarCity was founded by Peter Rive and his younger brother Lyndon in 2006 with financial backing from their cousin and Tesla chief Elon Musk. Former SolarCity Chief Executive Lyndon Rive announced his resignation in May.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
