Solar City (acquired by Tesla)

SolarCity was a solar energy company founded in 2006 that specialized in designing, financing, and installing solar power systems for homes, businesses, and utilities. Its goal was to make renewable energy more accessible and affordable. In 2016, Tesla, an electric vehicle and clean energy company, acquired SolarCity to integrate solar energy products with Tesla’s battery storage and electric vehicles. This move aimed to create a comprehensive clean energy ecosystem, offering customers sustainable power solutions from generation to storage, aligned with Tesla’s mission to accelerate the world’s transition to sustainable energy.