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From Electrek: ‘Tesla Solar’ could invest $1 billion in Mexico in massive expansion, says...

Discussion in 'News from Electrek.co' started by RSSFeed, Sep 28, 2016.

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    Until recently, Tesla hasn’t been really active on the merger and acquisition front. The automaker bought a small tool and die manufacturer in Michigan last year and it also unsuccessfully tried to buy a lithium startup for $325 million back in 2014.

    But through its $2.6 billion proposed acquisition of SolarCity, the new ‘Tesla Solar’ would benefit from SolarCity’s several own acquisitions in recent years, including Zep Solar, a maker of mounting equipment for solar panels, Silevo, a maker of solar panels, and ILIOSS, a solar installer in Mexico – the first country in which SolarCity has been expanding outside of the US. more…

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