Tesla Announces $2.6B Solar City Aquisition

By Jeff Cobb As foreshadowed by Tesla chief Elon Musk’s second “Master Plan” recently published, today the California-based automaker announced it has agreed to acquire Solar City.
The deal is not final, has a 45-day window where Solar City may seek an alternative suitor, but the $2.6 billion alliance is making waves even as it promises great leaps forward in integrated and sustainably powered vehicles, solar energy, and Powerwall storage products.
“By joining forces, we can operate more efficiently and fully integrate our products, while providing customers with an aesthetically beautiful and simple one-stop solar and storage experience: one installation, one service contract,

Read Full Article Here

For more great articles: HybridCars.com

(Visited 4 times, 1 visits today)

Comments

comments



© 2014 RenewaNews