es la ' s ▁mission ▁since ▁its ▁in ception ▁has ▁been ▁" to ▁acceler ate ▁the ▁world ' s ▁transition ▁to ▁sust ain able ▁energy ". ▁As ▁part ▁of ▁El on ▁Mus k ' s ▁" The ▁Secret ▁T es la ▁Mot ors ▁Master ▁Plan ", ▁T es la ▁sought ▁to ▁exped ite ▁the ▁world ' s ▁move ▁from ▁a ▁mine - and - burn ▁hydro car bon ▁economy ▁towards ▁a ▁solar ▁electric ▁economy . ▁The ▁announ cement ▁c ited ▁oper ational ▁and ▁cost ▁" syn erg ies ", ▁and ▁integrated ▁products ▁that ▁would ▁be ▁realized ▁with ▁the ▁ac quisition . ▁The ▁action ▁was ▁approved ▁by ▁ant it rust ▁regul ators . ▁, ▁Mus k ▁owned ▁ 2 2 % ▁of ▁Sol ar City ▁stock . ▁More ▁than ▁ 8 5 % ▁of ▁una ff ili ated ▁share hold ers ▁from ▁T es la ▁and ▁Sol ar City ▁voted ▁to ▁appro ve ▁the ▁ac quisition ▁on ▁November ▁ 1 7 , ▁ 2 0 1 6 , ▁which ▁was ▁closed ▁on ▁the ▁morning ▁of ▁November ▁ 2 1 , ▁ 2 0 1 6 . ▁ ▁Some ▁invest ors ▁critic ized ▁the ▁deal , ▁calling ▁it ▁" a ▁mis gu ided ▁effort ▁to ▁rescue ▁two ▁companies ▁that ▁depend ▁on ▁invest ors ▁and ▁the ▁government ▁for ▁operating ▁c ash ." ▁There ▁is ▁on going ▁lit ig ation ▁against ▁Mus k ▁and ▁T es la ' s ▁board ▁of ▁direct ors , ▁alleg ing ▁" they ▁over pa id ▁for ▁Sol ar City , ▁ignored