Elon Musk is personally buying over half of SolarCity's $124 million bond offering (SCTY)

Thomson Reuters Tesla Chief Executive Elon Musk is buying $65 million of bonds from SolarCity in the latest debt offering by the solar panel company that Tesla plans to acquire for $2.6 billion, according to a filing on Tuesday. Musk's purchase of the so-called "solar bonds" comes after money-losing SolarCity last week said it would cut operating costs to bring expenses in line with its reduced solar installation outlook. SolarCity Chief Executive Lyndon Rive and Chief Technology Officer Peter R...