Tesla Motors officially owns solar panel installer SolarCity

Tesla CEO Elon Musk said that it is wrong to think that the elimination of measures that benefit the environment and zero-emission vehicles will hurt Tesla. While it looked impressive, considering that the self-driving package is being added to Tesla cars (including the Model 3) that are now rolling out of the production line, it is not available to anyone else other than the engineering team. Shareholders of the solar panel maker will get a good deal, after all. Many are concerned that Musk may be overextended between ambitious future goals for Tesla, the work of integrating SolarCity, and his CEO duties at SpaceX. This means that Musk’s company will be able to produce innovative solar tiles.

Glass for the solar roof is made in part by Tesla’s new glass technology division.

Tesla Motors Inc. says cars ordered after January 1, 2017 will get roughly 1,000 miles worth of credits each year for use at the Supercharger stations.

Tesla’s stations are used only 5 percent to 10 percent of the day, Keeney said, but many Tesla owners use them as a social gathering place to talk with other owners.

Succinct, and probably an understatement – Musk has been advocating for the union of the two companies vocally and frequently since proposing the idea in June. SolarCity (SCTY) shares closed at $20.34 after reaching $20.99 in premarket trades on Friday.

Of course, now that Tesla shareholders have voted in favor of the company’s acquisition of SolarCity, Tesla investors should also be interested in how dependent Tesla’s solar segment will be on government incentives.

If automakers fail to earn enough ZEV credits, they can buy them from other companies who’ve sold more than the required ZEV.

Electric vehicles must make noise to warn pedestrians of their coming by 2019, US road safety regulators said this week. Tesla made $139 million in the third quarter from selling ZEV credits.

This misconception stems from the fact that ZEV credits are a lucrative source of money for Tesla because of how the law is constructed. Tesla’s stock has lost 3.2% since the election through Thursday, and has tumbled 21% year to date, while the S&P 500 (SPX) has gained 7% this year.

“Tesla does not now have any fully autonomous vehicles operating in the Australian market, or on any road in the world for that matter”, it said in a statement.