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Tag: Elon Musk


News and Policies, U.S.

Elon Musk prevails in court case on SolarCity deal

May 2, 2022

Via: Renewable Energy World

A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar […]


Commercialization, Renewable Energy

Tesla Notches Record Profit On Sales Surge–But EV Competition Is Building

January 26, 2022

Via: Forbes

Tesla closed out its best year in company history posting quarterly and annual profit records, powered in large part by its booming operations in China, as Elon Musk’s electric car powerhouse is poised to finally face meaningful competition in the […]


Mainstream technologies, Renewable Energy

Tesla, Panasonic will reportedly stop joint solar cell production at Gigafactory 2 in Buffalo

February 26, 2020

Via: CNBC energy

In another sign of a strained partnership, Tesla and Panasonic are reportedly ending their joint production of solar cells at Tesla’s Gigafactory 2 facility in New York, according to a report in the Nikkei Asian Review. Tesla and Panasonic formed […]


Mainstream technologies, Renewable Energy

Solar Roofs: Tesla Says The Sky Is The Limit

October 28, 2019

Via: Forbes

Pacific Gas & Electric Co. is in the process of shutting off electricity to about 940,000 customers in Northern California — a trend that will continue as it fights wildfires and works to upgrade its network. But just as this […]


Emerging Technologies, Renewable Energy

Tesla made a big deal out of its Solar Roof in 2016, but two years later it has barely shipped any

September 24, 2018

Via: CNBC energy

Elon Musk unveiled prototypes of Tesla’s Solar Roof tiles In October 2016. They came in four styles that looked just like normal roofing material but were essentially miniaturized versions of traditional solar panels. The announcement helped Tesla justify its $2.6 […]


Commercialization, Renewable Energy

40% Price Drop On Chinese EV Batteries Spells Trouble For Tesla

January 19, 2017

Via: Forbes

A cornerstone of the Tesla story is crumbling as the company’s envisioned battery price advantage is likely to evaporate long before the Tesla’s Gigafactory has gone into full swing. An analyst note by Morgan Stanley says that Chinese battery suppliers […]


News and Policies, U.S.

Tesla to acquire SolarCity in a $2.6 billion all-stock deal

August 2, 2016

Via: CNBC

Tesla Motors said it would buy solar panel installer SolarCity for $2.6 billion in shares to form a one-stop clean energy shop. The deal is a major part of Tesla Chief Executive Elon Musk’s master plan “part deux” that calls […]


News and Policies, U.S.

SolarCity recuses two more board members from voting on Tesla offer

June 28, 2016

Via: CNBC

Two additional SolarCity board members with ties to Elon Musk are recusing themselves from making decisions regarding Tesla’s offer to buy the solar power company, in a bid to alleviate corporate governance concerns surrounding a potential deal. The new recusals […]


News and Policies, U.S.

Tesla Offers to Acquire SolarCity

June 22, 2016

Via: WSJ

Elon Musk proposed combining the electric-car and solar-energy companies that he backs, the latest in a series of financial shuffles among disparate firms of his empire. Tesla Motors Inc., Mr. Musk’s Palo Alto, Calif., electric-car company, on Tuesday offered to […]