TESLA, SOLARCITY SHARES FALL AHEAD OF MERGER DETAILS
Shares of Tesla Motors Inc (TSLA.O) and SolarCity Corp (SCTY.O) tumbled on Tuesday ahead of expected financial details from the electric carmaker on a pending $2.6 billion merger that has been met with widespread investor skepticism. Shares of Tesla were down 4.1 percent in afternoon trading to $189.60 and shares of solar panel installer SolarCity were down 3.5 percent at $18.91. Tesla was due to post additional information about the acquisition on its blog and website after the market close, followed by a question and answer webcast at 5 p.m. EDT (2100 GMT).