Resumen de Tesla's loss widens as EV production increases
Tesla was producing 2,000 vehicles a week by the end of Q2. According to Musk and [Jason Wheeler]'s letter, barring further supply constraints, the company will end Q3 with a production rate of 2,200 vehicles per week and Q4 with 2,400 vehicles per week.
The tie up between the two companies, both of which entrepreneur Elon Musk holds a leading role in (CEO of Tesla and chairman of Solar City), will be an all-stock transaction and will see Solar City shareholders receive 0.11 shares of Tesla for each Solar City share, which equates to $25.37/share.
This is below a range of $26.50-28.50/share proposed in late June by Tesla for the takeover. Tesla expects the deal to close in Q4 2016 subject to review by the US Securities Exchange Commission review and approval by both sets of shareholders. A 45-day "go-shop" provision means Solar City will have the option to take advantage of any higher bid made in the interim period.
