Tesla to make announcement about SolarCity acquisition after market close Tuesday

Founder & COO Peter Rive, Chairman Elon Musk , SolarCity Founder & CEO Lyndon Rive speak at the company’s IPO at the NASDAQ stock exchange on December 13, 2012 in Manhattan, New York. SolarCity is a leader of distributed clean energy and will trade under SCTY. (Mark Von Holden/AP Images for SolarCity)

Tesla confirmed that it will “post additional information about the pending acquisition of SolarCity after market close on Tuesday, November 1, 2016″ – something the company announced earlier this month, but it is only now confirming the details.

The announcement was previously referred to as “providing additional financial information relating to its plans for the combined company,” but it wasn’t clear what form that would take.

Now we know that it will take the form of a post on Tesla’s blog and investor relations website, and be followed by a Q&A with “Tesla and SolarCity management teams”.

The post will be released at market close on Tuesday – that’s 4:00pm ET (UTC-4) – and Tesla released the details about the following Q&A in a press release by its IR team:

  • What: Question & Answer Webcast to Discuss Tesla’s Pending Acquisition of SolarCity
  • When: Tuesday, November 1, 2016
  • Time: 2:00pm Pacific Time / 5:00pm Eastern Time
  • Blog: http://ir.tesla.com
  • Webcast: http://ir.tesla.com (live and replay)

It’s likely going to be one of Tesla and SolarCity’s last chance to convince investors to vote for the merger ahead of the special meetings and vote on November 17. You can get all the details about each meeting in our previous post about it: Tesla (TSLA) and SolarCity (SCTY) to hold special shareholders meeting on November 17 to vote on the merger

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