Technology

Elon Musk is defending Tesla's acquisition of SolarCity against angry shareholders. This is the story of how it was transformed into Tesla Energy.


SolarCity was founded in 2006 by Elon Musk’s cousins Lyndon and Peter Rive. Musk’s cousins founded SolarCity at his suggestion, and Musk injected $10 million into the project himself. The company initially enjoyed success, and in 2013 became the top residential installer for solar panels in the US, …

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