Guardian: Elon Musks Tesla electric car company has made an offer to buy Musks solar power company, SolarCity, for as much as $2.8bn in stock in an attempt to make a one-stop-shop for cleaner energy.
SolarCity, for which Musk is both chairman and its largest shareholder, is the market leader in residential solar panel installations in the US, but has about $6.24bn in liabilities, including debt.
Musk described the deal as a no-brainer, saying: Instead of making three trips to a house to put in a...