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Tesla and SolarCity won’t need to ask for more cash this quarter as the two companies prepare for a merger, according to a tweet by CEO Elon Musk. On Sunday, Musk posted comments on his Twitter page. He would “like to correct expectations that Tesla/SolarCity will need to raise equity or corp debt in Q4. […]

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Tesla Motors Inc. and SolarCity Corp. are said to be close to a merger deal, people familiar with the matter told Reuters on Saturday. The two companies are in the final stages of carrying out due diligence on each other, and could agree on the terms of a deal in the coming days, though it […]

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