Wednesday, June 22, 2016

WRAPUP 2-Behind Tesla carnage, signs of support for Musk's SolarCity deal

June 22 (Reuters) - Some of Tesla Motor Inc's

biggest investors have signaled support for CEO Elon Musk's plan

to buy solar power company SolarCity Corp, although the

electric car maker's stock cratered on Wednesday, lopping more

than the $2.8 billion value of the proposed deal off Tesla's

market capitalization.

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