By Davide Savenije, Krysti Shallenberger, Gavin Bade, Utility Dive
If the deal goes through, [Tesla CEO Elon] Musk expects SolarCity would come under the Tesla brand, which would then have three product categories: cars, batteries, and solar panels. The combined company would focus on both residential and utility-scale applications. A combination of electric vehicles, rooftop solar, and battery storage can be used in tandem by consumers to reduce their usage of the power grid. Read more.
Photo of Elon Musk by Patrick Fallon / Reuters
ADDITIONAL RECOMMENDED READING
Tesla Blog: Tesla Makes Offer to Acquire SolarCity
ALSO POSTED ON UTILITY DIVE
How storage can help solve the distributed energy ‘death spiral’: A new Navigant paper lays out three examples of how storage can facilitate the transition to a more distributed grid.