Elon Musk

Elon Musk's SolarCity Buys Silevo, Plans New York Gigafactory for 2016

"Panels are ~50% more efficient than SolarCity's current supplier's, a third better than the market leader. SolarCity Corp. (SCTY), America's largest solar power systems firm, made a bold step forward this week into the realm of panel manufacturing, announcing it has come to terms to acquire top startup Silevo, Inc.  If SolarCity can make good on Silevo's bold claims, which both it and national laboratory scientists claim are as good as they sound, it could be sitting on a veritable gold mine..." [Read More]

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