Tag Archives: SolarCity

Tesla starts taking orders for solar roofs

Tesla has started taking orders for traditional-looking glass roof tiles that soak up solar power to generate electricity. Installations are to start next month, beginning with California and gradually rolling out to other U.S. markets, Tesla said. Overseas markets will be … Continue reading

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Tesla-SolarCity merger takes effect

The $2 billion Tesla-SolarCity merger went into effect today, just four days after Tesla Motors’ shareholders gave their approval. In a filing with the Securities and Exchange Commission, Tesla said SolarCity is now its wholly owned subsidiary. The all-stock deal … Continue reading

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Shareholders OK Tesla-SolarCity merger

Tesla’s shareholders overwhelmingly approved a merger with SolarCity today, opening the way for consummating the marriage of the electric-car company and the solar-panel venture within days. The vote was more than 85 percent in favor, excluding the shares held by billionaire … Continue reading

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Elon Musk holds forth on the election and more

Today Elon Musk laid out his views on electricity-generating solar roofs, the Tesla-SolarCity merger, SpaceX’s return to flight and artificial intelligence during an extraordinary 30-minute telephone interview on CNBC. His timeliest comments may relate to next week’s presidential election: Musk gave a lukewarm … Continue reading

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Feds approve $2.6 billion Tesla-SolarCity merger

The Federal Trade Commission has given its approval for Tesla Motors’ acquisition of the SolarCity power panel company, saying that the combination would create no antitrust concerns. The go-ahead removes another hurdle to the $2.6 billion all-stock deal, which was proposed in … Continue reading

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Elon Musk touts power-generating solar roofs

The bad news is that SolarCity, the power-generating company that has Elon Musk as its chairman, is losing money. The good news is that it’ll be rolling out a new product: a roof with built-in solar arrays. “It’s not a ‘thing’ on … Continue reading

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Tesla, SolarCity strike $2.6 billion merger deal

The boards of directors for Tesla and SolarCity, two companies that have billionaire Elon Musk as a top executive, have given the green light for a $2.6 billion merger. The two companies said the combination would create “the world’s only … Continue reading

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