Summary of ‘Tesla Solar’ Wants to Be the Apple Store for Electricity
The SolarCity Deal Isn’t Only About Putting Panels on Your House
Is Tesla’s offer to acquire SolarCity a major misstep, or a brilliant bet on the future?
Could Tesla Motors’ offer to buy SolarCity – the largest US installer of solar roof panels – solve solar energy’s biggest problems? Science and energy reporter Tom Randall examines how Tesla might just have the secret to overcoming two of the biggest hurdles standing in the way of an expanded solar energy market in the United States. He persuasively speculates on how a merger between Tesla and SolarCity could open up lucrative possibilities for the carmaker in the US energy sector. getAbstract recommends this article to Tesla shareholders, as well as those interested in green energy technologies.
In this summary, you will learn
- How Tesla could simplify the consumer process of buying solar technology
- How Tesla’s batteries improve solar energy systems
- How a merger with SolarCity could allow Tesla to become a major player in energy services
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European Commission, 2015