Tesla and SolarCity's new solar roof product could potentially be game changing for rooftop solar. Despite the hype surrounding the solar roof, success on the sales front is still far from guaranteed.

Shareholders of Tesla Motors and SolarCity are scheduled to vote Thursday on whether the luxury electric car maker should acquire the rooftop solar giant in a $2.23-billion deal.

SolarCity, which has built a business as a retail solar service provider, said Thursday it will bundle energy storage with solar and offer the set to businesses that seek to reduce energy bills ...

Shareholders are being urged to invest in his high-risk AI venture xAI, which runs the chatbot Grok and has integrated Musk’s ...

Tesla Motors Inc. has offered to buy SolarCity Corp., a $2.8-billion deal that would unite two Bay Area companies funded and driven by Los Angeles billionaire Elon Musk.

Tesla's new solar roof is beautiful. ... Tesla is in the process of buying SolarCity, which makes and installs solar panels, as it broadens its offerings and becomes a sustainable energy company.

Tesla () said the stock acquisition is worth $2.6 billion, including the assumption of debt, valuing SolarCity shares at $25.37, or 5% lower than Friday's close.SolarCity will get 45 days to seek ...

Tesla is poised to acquire SolarCity pending shareholder approval. The main benefit of the acquisition is that Tesla stores will become one-stop shops for solar, energy storage and EVs. Tesla will ...

Last year, Tesla introduced its Powerwall residential battery storage system, at the time noting that it worked best in conjunction with solar panels. SolarCity is the leading installer of ...

Tesla is teaming up with Panasonic to build solar cells and modules at a SolarCity factory in New York. The electric automaker, which is already working with Panasonic to produce car batteries ...

Tesla CEO Elon Musk defends Tesla Inc.'s 2016 deal for SolarCity at the Williams Justice Center in a case before the Delaware Court of Chancery, in Wilmington, Del., July 12, 2021, in this ...

While opinions on the deal run rampant, here's the facts to mull over. By acquiring solar-panel company SolarCity, Tesla asserts it can "complete the picture." "Tesla customers can drive clean ...