NEW YORK: SolarCity Corp agreed to Tesla Motors Inc's $2.6 billion offer to buy the solar panel installer, the companies said on Monday, clearing one obstacle in the way of Elon Musk's ambitious ...

In addition to running Tesla, SpaceX and xAI and overseeing X ... In 2016, Tesla acquired SolarCity for $2.6 billion. The solar installer was founded by his first cousins, Lyndon and Peter ...

Elon Musk is the founder, CEO and CTO of SpaceX and co-founder, CEO and product architect of Tesla. The self-made billionaire is also the co-founder and chairman of SolarCity, co-chairman of Opan ...

The market capitalization of Tesla’s stock fell from about $1.5 trillion in December 2024 to between $700 billion and $880 billion in March 2025. SpaceX’s valuation reached $350 billion by ...

Elon Musk was eager to take up, later tweeting that Tesla would do the work for free if it missed that deadline. Renewable energy supplies are great because they produce power without filling the air ...