Tesla, an electric vehicle (EV) and battery manufacturer and SolarCity’s new parent company, has kicked off battery cell production at its so-called Gigafactory in Reno, Nev., with partner Panasonic. In a blog post, Tesla says, “Tesla’s mission is to accelerate [Read More]
Elon Musk’s “master plan” is coming to fruition, as Tesla and SolarCity shareholders approved the EV and battery maker’s acquisition of the solar company.
As electric vehicle (EV) manufacturer Tesla and residential PV provider SolarCity work toward closing a $2.6 billion merger agreement, Tesla has entered into a non-binding letter of intent with Japan-based Panasonic to collaborate on solar cell and module production at [Read More]
According to the two firms, the deal will create “the world’s only vertically integrated sustainable energy company.”