Sun-power provider SolarCity has entered the market with DemandLogic, a smart energy storage system designed to deal with what it calls two major pain points for businesses: rising utility demand ...
In 2016, Tesla acquired solar panel installer and financier SolarCity for $2.6 billion and the assumption of $3 billion in debt. Investors were skeptical of the deal from the beginning ...
As Elon Musk pushes for Tesla to acquire SolarCity, the residential solar installer is still showing signs of uneven performance. In Q2 results released today, the company reports that it nearly ...
This news wasn't all that surprising given Tesla's recent proposal to buy SolarCity, a solar company of which Musk is the chairman. SolarCity's CEO, Lyndon Rive, also happens to be Musk's cousin.