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Tesla's deal for SolarCity could speed sustainable energy

Discussion in 'Tesla Energy' started by Patrick W, Aug 2, 2016.

  1. Patrick W

    Patrick W Member

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    SLC, UT
    DETROIT (AP) — Tesla wants to put its car and energy storage businesses under one solar-powered roof.

    Tesla said Monday it will buy solar panel maker SolarCity Corp. in an all-stock deal worth $2.6 billion. The deal must still be approved by the government and shareholders at both companies. It's expected to close in the fourth quarter if it goes through.

    Full story:
    Tesla's deal for SolarCity could speed sustainable energy
     
  2. raysspl

    raysspl Member

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    It will undeniably speed up sustainable energy production. The synergies are there & Elon's leadership will accelerate those synergies.
     

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