Just over a month ago, Tesla made a proposal to purchase SolarCity and today we are announcing that the two companies have reached an agreement to combine, creating the world’s only vertically integrated sustainable energy company.
Solar and storage are at their best when they’re combined. As one company, Tesla (storage) and SolarCity (solar) can create fully integrated residential, commercial and grid-scale products that improve the way that energy is generated, stored and consumed.
Read the rest: https://www.tesla.com/blog/tesla-and-solarcity-combine
Really hyped about this. One of the benefits for consumers will be the ability to walk into any Tesla store worldwide and be able to buy a car, a Powerwall, and Tesla solar panels all at once. Sustainable energy is going to be in our reach very soon.