It's a rough day for Elon Musk's stocks. In addition to Tesla, SolarCity (SCTY -9.9%) has given...


It's a rough day for Elon Musk's stocks. In addition to Tesla, SolarCity (SCTY -9.9%) has given back some of this year's giant gains, possibly thanks to concerns about its June 11 lockup expiration. Nearly 61.6M shares, or 82% of SolarCity's outstanding shares, become eligible for sale following the expiration. "The floodgates are about to open," says Raymond James' Alex Morris. Musk owns 28% of SolarCity, or a little over a third of the shares affected by the expiration. (previous)

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