Tesla’s plan to buy SolarCity has major flaws

Steven Davidoff Solomon writes for The New York Times, June 22, 2016

Given the troubles of SolarCity, the appearance is that Mr. Musk is bailing SolarCity out while profiting handsomely. He will be paid a premium by Tesla for a company in which he is the biggest shareholder, one that the market at least views as outside the business of Tesla.