Reminders

Tesla to Acquire Solar City- What Will the Future Bring: Sunny Days or Doom and Gloom

By John Villali – August 8, 2016
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Tesla's acquisition of Solar City can be seen as a merger between two companies that can create good synergies. Both companies are targeting environmentally friendly consumers, which are good prospects to purchase their electric vehicles, solar energy systems and backup storage. When looking at the merger from the surface, it looks like a good match for the two companies to combine their clean energy products and expand their reach to eco-friendly customers while cutting costs and increasing sales. However, when taking a deeper look at this from an economic and solar industry outlook perspective, the proposed merger loses some of its shine….pun intended.

 

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