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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	8/2/2016 1:46:21 AM
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This is why Elon Musk is buying SolarCity Trust Elon Musk to bowl people over with a wild idea when they're least expecting it. The entrepreneur announced Monday that his electric vehicle company, Tesla, has agreed to buy SolarCity, one of the nation's biggest names in solar energy, in an all-stock deal valued at $2.6 billion. In a blog post, Tesla said bringing SolarCity under Tesla's roof will benefit both companies. "By joining forces, we can operate more efficiently and fully integrate our products," the blog post reads, "while providing customers with an aesthetically beautiful and simple one-stop solar + storage experience: one installation, one service contract, one phone app." washingtonpost.com

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