Beijing time on November 18th news, according to foreign media reports, Tesla Corporation officially announced today that the company's shareholders have officially approved its acquisition of Solar City. The approval of the deal also symbolizes that Elon Musk's dream of concentrating the two companies under one roof is realized, and the integrated Tesla company will also focus more on the development of solar roof products.
According to reports, the acquisition of Solar City is also part of Musk's “master planâ€. After the merger, Tesla will expand its market for new energy products, including solar power and storage integration systems, access to the electric truck and electric bus market, and vehicle sharing services. The first product offered by the new company integration is likely to be the solar roof product launched last month.
Although Tesla has realized that its acquisition of Solar City has certain risks. But in the long run, if the integrated Tesla and Solar City companies can achieve the desired growth targets and keep the company's debt under control, it means that the new company can generate potential long-term returns. Now, Elon Musk is implementing his ideas step by step as planned. Therefore, the outside world also has reason to believe that under his efforts, the future will see a new version of Tesla that continues to grow.
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