Posted in business, Elon Musk, energy, environmental, sustainability, transportation | 1 Comment on Elon Musk Aims to Shore Up SolarCity by Having Tesla Buy It — By Michael J. de la Merced and Peter Eavis | The New York Times
” … Tesla Motors said on Tuesday that it had offered to buy SolarCity in an all-stock deal, one that could value the latter at as much as $2.8 billion. The aim, Mr. Musk argues, is to create a renewable-energy giant, collecting clean electricity and putting it to work propelling cars.”
I’M driving 550 miles in three days, all by myself, mainly for the fun of it—and I’m not an environmental villain. Behind the wheel of a borrowed bright-red electric Tesla Model S, I click off the miles as I head south from the San Francisco Bay Area on Interstate 5 through California’s San Joaquin Valley, feeling virtuous because my tailpipe spews no pollution.