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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 in categories: business, Elon Musk, energy, environmental, sustainability, transportation

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” … 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.”

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  • Bennie Beaver on June 22, 2016 8:31 am

    Some times you just have to do the right thing believing there’s enough value it will pay off in the long run. Elon Musk is an entrepreneur willing to take that risk, it would seem for us all, will benefit us all if he’s right.