{"id":1742,"date":"2016-11-21T17:41:42","date_gmt":"2016-11-21T17:41:42","guid":{"rendered":"http:\/\/www.rsoftsolution.com\/blog\/tesla-officially-acquires-solarcity.html"},"modified":"2016-11-21T17:41:42","modified_gmt":"2016-11-21T17:41:42","slug":"tesla-officially-acquires-solarcity","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/tesla-officially-acquires-solarcity.html","title":{"rendered":"Tesla officially acquires SolarCity"},"content":{"rendered":"


\n<\/p>\n

Tesla\u2019s acquisition of SolarCity officially closed Monday morning, bringing together Elon Musk\u2019s electric vehicle company with the solar energy company founded by his cousins Lyndon and Peter Rive. The deal was approved by Tesla and SolarCity shareholders last week<\/a>, after first being proposed earlier this year.<\/p>\n

Tesla provided the following brief statement on the news:<\/p>\n

\n

We\u2019re pleased to announce that Tesla\u2019s acquisition of SolarCity closed this morning.<\/p>\n<\/blockquote>\n

Succinct, and probably an understatement \u2013 Musk has been advocating for the union of the two companies vocally and frequently since proposing the idea in June. Joining the two entities is central to the continued execution of his \u201cMaster Plan,\u201d which aims to provide customers with full-stack solutions for owning their own energy production, storage and consumption.<\/p>\n

Tesla\u2019s recent solar roof tile launch showed why Musk believes the companies are a natural fit under a unified Tesla roof (I woke up very early, please allow me this joke). To Musk, there is not a demarcation point beyond clean generation of electric power and vehicles that make use of said power for emission-free operation. It makes sense, because the cleanliness and cost of the source is just as important as the cleanliness of operation when it comes to overall carbon footprint contribution.<\/p>\n

<\/p>\n

Featured Image: ODD ANDERSEN\/AFP\/Getty Images<\/small><\/p>\n

Article source: https:\/\/techcrunch.com\/2016\/11\/21\/tesla-officially-acquires-solarcity\/?ncid=rss<\/p>","protected":false},"excerpt":{"rendered":"

Tesla\u2019s acquisition of SolarCity officially closed Monday morning, bringing together Elon Musk\u2019s electric vehicle company with the solar energy company founded by his cousins Lyndon and Peter Rive. The deal <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[23],"class_list":["post-1742","post","type-post","status-publish","format-standard","hentry","category-networking-and-communication","tag-network-and-communication"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t