Tesla bids to acquire SolarCity in move to create 'world's only vertically integrated energy company'

clock • 3 min read

Auto giant makes all stock offer worth $2.8bn as it unveils vision to become a global clean tech giant

Tesla has announced plans to acquire leading US solar developer SolarCity in a deal worth up to $2.8bn. The electric vehicle giant issued a statement yesterday confirming it has tabled an all-stock...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

Andy Burnham hails critical role of renewables and nuclear in curbing UK energy costs

Reports: Andy Burnham to announce government grid investment

More on Automotive

'Tanking sensible mile per gallon standards': Trump administration reverses US fuel efficiency rules
Automotive

'Tanking sensible mile per gallon standards': Trump administration reverses US fuel efficiency rules

Environmental groups condemn 'Freedom Means Affordable Cars' initiative, as Trump continues climate policy rollback

Stuart Stone
Stuart Stone
clock 29 September 2026 • 4 min read
Study: High mileage EVs more reliable than petrol equivalents
Automotive

Study: High mileage EVs more reliable than petrol equivalents

Analysis of 47.4 million MOTs finds electric cars are around 25 per cent less likely to fail than petrol models as mileage climbs

Stuart Stone
Stuart Stone
clock 23 September 2026 • 6 min read
Study: EV sales surging in UK's key car export markets
Automotive

Study: EV sales surging in UK's key car export markets

Iran oil price shocks is prompting more drivers in key markets to switch to electric models, with new data showing EV sales across the EU are up by a third on last year

Amber Rolt
clock 18 September 2026 • 4 min read