One Elon Musk Company Is Trying To Buy Another
Tesla Motors has made an offer to buy Solar City
The founder and CEO of Tesla personally introduced the company's new more affordable electric sedan at an event in March 2016. Tesla Motors/YouTube
Elon Musk is a busy guy, but maybe he will get slightly less busy if this plan goes through: his electric car company Tesla Motors has just made an offer to acquire the solar energy company he helped found, Solar City. Right now, it’s just a formal offer, not a done deal. Still, it would be an intriguing pairing, given that Tesla already makes a home energy battery optimized to work with solar panels. Get the full details at Recode.