Tesla has announced plans to acquire SolarCity for $ 1 , thereby becoming the world 's only vertically integrated energy company offering its customers end - to - end clean energy products . The electric vehicle giant issued a statement yesterday confirming it has tabled an all-stock... Google 's CEO , Elon Musk , said it was a ' no - go ' to acquire the American solar developer .
Tesla has announced plans to acquire SolarCity for $ 1 , thereby becoming the world 's only vertically integrated energy company offering its customers end - to - end clean energy products . Google 's CEO , Elon Musk , said it was a ' no - go ' to acquire the American solar developer .