Musk companies are thriving due to government subsidies. Tesla Motors and SolarCity have taken a huge financial hit in 2016. Both these companies are based on the green energy movement and are being punished by the markets due to extremely low oil prices. Musk lost a personal fortune upwards of $4 billion. In 2017, Tesla Motors would acquire all of SolarCity stocks. The highly anticipated [[Tesla Model 3]] starts shipping at the end of July. The stock valuation of Tesla has exceed that of [[GM]], Ford, and Chrysler. | Musk companies are thriving due to government subsidies. Tesla Motors and SolarCity have taken a huge financial hit in 2016. Both these companies are based on the green energy movement and are being punished by the markets due to extremely low oil prices. Musk lost a personal fortune upwards of $4 billion. In 2017, Tesla Motors would acquire all of SolarCity stocks. The highly anticipated [[Tesla Model 3]] starts shipping at the end of July. The stock valuation of Tesla has exceed that of [[GM]], Ford, and Chrysler. |