The electric car maker company is gearing up to make a bid for SolarCity (SCTY) in the stock company on August 1st. The CEO, Elon Musk, SolarCity stock has fallen 62.6% just this year. The stock price remains low because below the price of Tesla. They are basically trying to have it where your Tesla car can be charged up at home with energy gathered from the rooftop Tesla solar panels. They also sell batteries to store excess energy for whenever you may need it.
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