"Solar energy and batteries combine like peanut butter and jelly," said electric vehicle Solar . " (EV)
Space industry entrepreneur Elon Musk said in a conference call earlier this month.
Earlier, Tesla Motors, an electric car maker in musk, agreed to pay $2.
SolarCity, another company in Musk's energy service provider, has a stock of 6bn.
Musk, who owns about 20% of each company, declined to discuss the company's over-expansion.
Conflict of interest and impact
He prefers the vision of a smart home that focuses on decorating with solar panels and large batteries, which power the home and charge the electric car.
Musk positioned himself at the heart of this post. carbon solar-powered future.
Last year, Tesla, the market-leading maker of electric vehicles, began producing "powerwall", a fixed-cell system for home and commercial buildings ".
Musk said he was building the world's first vertically integrated sustainable energy group through the new agreement.
"The deal drew criticism from Wall Street analysts who traditionally supported Musk's investment, fearing it would distract the company at a critical moment for both sides.
With the increase in car production, Tesla is working to overcome a wave of production problems, while SolarCity recently lowered its growth forecast for the third time in seven months after a sharp slowdown in new orders.
In the face of these allegations, Musk called media critics "stupid guys, to be honest ".
Claiming that "when the two companies try to integrate solar and power storage products, separating them creates more conflicts of interest than merging.
"So, does this acquisition represent the beginning of a future driven by vertically integrated sustainable energy groups?
What impact will this deal have on each company?
Perhaps most importantly, what does Musk's vision mean for solar energy in ordinary homes or commercial buildings?
First of all, we should remember that there are already several solar and energy storage companies.
There is also a larger group of solar or battery companies that have established a strategic alliance with another company that basically offers the same product.
Still, all of Musk's businesses seem to have the ability to do things well, and often add some extra style.
Their products are similar to those of Apple and other consumer electronics companies.
Tesla's Powerwall battery design hangs on the wall of your garage with a sleek look for a new MacBook or iPhone, and its marketing follows these lines as well.
So while "world first" may need clarification, we may agree with Tesla-
SolarCity will do something different.
Electric cars aside, Tesla's Powerwall battery, combined with SolarCity's market-leading solar panel products, will create a viable household clean energy system
Through their strategic alliances, it has been a while since.
Musk hopes to "expand" by merging the two companies [each company's]
Far more than any company does alone.
Musk suggested that because of "the common ideal of the company and [their]
Customer, "each entity can increase the sales of another entity.
"Those who are interested in buying a Tesla car or a power wall are naturally interested in using solar energy and vice versa," an official statement said . ".
High passenger traffic in Tesla's exhibition hall, if SolarCity products are promoted at the same time, will only have a positive impact on the sales of solar companies.
Similarly, SolarCity's extensive network of sales and distribution channels and expertise in providing services to customers
Friendly financing products will bring great benefits to Tesla and its future customers.
Tesla's design, engineering and manufacturing skills also help drive Solar City's panel technology, especially to make rooftop solar panels more sexy --Aesthetic style.
In addition, Tesla's trick to raising a lot of money can be very beneficial for SolarCity, as the company has moved from installing and financing solar panels to its own manufacturers.
What about the residential solar market?
For ordinary solar panel buyers, the impact of the transaction is unclear whether it is a residential or commercial owner.
We can assume, like Tesla, the eternal model of our Apple products --
SolarCity products can work seamlessly.
Ease of use and aesthetics will improve, but more importantly, the energy loss between the panel and the battery, and then Tesla's electric vehicle charging should be minimized.
This means a potentially more efficient user.
Friendly power system.
Increased collaboration between teams in each company, especially when SolarCity starts to make its own panels, can lead to lower solar prices for end users.
While financing options for SolarCity may grow, open the market to aspiring solar storage customers with capital constraints.
Solar and solar storage, and whether the industry as a whole can continue to gain momentum and gain further market share from traditional energy, will depend much on Musk's ambition.
However, whether the deal is successful for Tesla, SolarCity or Musk, it seems unlikely to have any negative impact on the future of the solar industry and its customers.
Most shareholders of Tesla and SolarCity still have to approve the deal, which the two companies expect to be completed in the fourth quarter.
SolarCity says an independent board of its board has approved the deal and will have a 45-
Consider the "go to store" period of the day for other offers.
However, neither party has set a date for shareholder voting and Musk has agreed not to do so.
"In view of Elon Musk's disclosure obligations to the SEC as a SolarCity shareholder in his personal capacity, the proposal will be publicly disclosed, but Tesla's intention is only to proceed amicably, and the official proposal is.
So whether it's Apple's or peanut butter jelly, at least around Tesla's hype --
If the SolarCity deal is completed, it will drive the industry towards a cheaper, greener, sexier and more viable energy future.