Jun 21, 2016
Elon Musk Aims to Shore Up SolarCity by Having Tesla Buy It — By Michael J. de la Merced and Peter Eavis | The New York Times
Posted by Odette Bohr Dienel in categories: business, Elon Musk, energy, environmental, sustainability, transportation
” … Tesla Motors said on Tuesday that it had offered to buy SolarCity in an all-stock deal, one that could value the latter at as much as $2.8 billion. The aim, Mr. Musk argues, is to create a renewable-energy giant, collecting clean electricity and putting it to work propelling cars.”