Elon Musk’s SolarCity Crashes: Shares Plummet 65% In 2016

Shares of SolarCity nose-dived on Tuesday after disclosing earnings results that cast gloom over the provider of solar systems. So far in 2016, SolarCity shares have plummeted 65 percent.

San Mateo-based SolarCity shares lost about one-fifth of their value due to the grim report for its first quarter that ended in

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