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October 22, 2016 04:00 pm

Will Tesla Install Home Solar Panels To Charge Cars?

Earlier this week, Tesla signed a non-binding agreement to buy solar cells from a new Panasonic factory in Buffalo, New York -- but it's part of a much bigger maneuver. An anonymous Slashdot reader writes:"If all goes to plan, Tesla will be supplying customers with the solar panels that generate electricity that could then be used to charge the battery in their Tesla car or the battery in the Tesla Powerwall home energy storage system," reports the Christian Science Monitor. The Wall Street Journal reports that Musk's SolarCity "will sell, finance and install the panels." But the Buffalo News suggests the deal is really "aimed squarely at skeptical shareholders" who may be leary of a proposed merger between Tesla and SolarCity," which one analyst calculates will require nearly $6 billion in extra capital. Panasonic could help shoulder the costs of the Buffalo factory, while also putting a more experienced manufacturer in charge of producing high-efficiency solar modules. The Stack reports some shareholders have actually filed a lawsuit against the merger.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/cz3k_74iivQ/will-tesla-install-home-solar-panels-to-charge-cars

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