2016
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Tesla Motors
|
|
|
General Motors
|
|
|
Hyundai
|
|
|
Mercedes
|
Detailed explanation-1: -Tesla acquired SolarCity in 2016, at a cost of approximately $2.6 billion and reorganized its solar business into Tesla Energy. Acquired by Tesla, Inc.
Detailed explanation-2: -Tesla acquired SolarCity for $2.6 billion in 2016. Musk at the time owned a large portion of SolarCity, which was run by two of his cousins.
Detailed explanation-3: -Tesla did benefit from the acquisition of SolarCity – primarily for the deployment of its energy storage systems, especially the Powerwall.
Detailed explanation-4: -Since SolarCity became Tesla Energy it’s brought out two big flagship products: the Powerwall and the Solar Roof.
Detailed explanation-5: -Just over a month ago, Tesla made a proposal to purchase SolarCity and today we are announcing that the two companies have reached an agreement to combine, creating the world’s only vertically integrated sustainable energy company.