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Tesla and SolarCity agree to $2.6 billion merger

Elon Musk is accelerating his plans to reinvent Tesla, making good on Monday his promise to combine Tesla and SolarCity, two companies where he currently serves as Chairman of the Board. SEE ALSO: How Elon Musk plans to make Tesla Motors a clean energy powerhouse Electric car manufacturer Tesla announced its intention to buy SolarCity for $2.6 billion in stock in a blog post a little more than a month after it initially proposed the…

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Source – Mashable:
Tesla and SolarCity agree to .6 billion merger

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