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Tesla (TSLA) CEO Elon Musk upped his stake in SolarCity (SCTY) by $10 million, adding to hefty investments by technology investor Silver Lake Kraftwerk and SolarCity CEO Lyndon Rive. Rive is Musk’s cousin. Musk, who also runs commercial space company Space X, chairs SolarCity’s board. The Silver Lake fund invested an additional $100 million, almost quadrupling its initial February 2012 investment, SolarCity said Wednesday. And Rive added $3 Scalper1 News
Scalper1 News