Tesla Buys Solarcity
The deal unites two of Elon Musks companies enabling the billionaire to. Reuters - SolarCity Corp SCTYO agreed to Tesla Motors Incs TSLAO 26 billion offer to buy the solar panel installer the companies said on Monday clearing one obstacle in the way of Elon. Climate Change And The Energy Industry Seminar Il The acquisition makes SolarCity which is the nations largest manufacturer and installer of solar panels a wholly owned subsidiary of Tesla. Tesla buys solarcity . Solar installations have gone up in recent years the company says it now has 275000 customers up from. Officially moved beyond cars and became a clean-energy company Thursday as shareholders overwhelmingly approved the acquisition of SolarCity Corp. More than 85 of shares voted were cast in favor of. Solar and storage are at their best when theyre combined. Tesla didnt buy Solar City. Or as Reuters puts it consumers will now be allowed to buy solar panels home battery storage systems and electric cars under on