Elon Musk’s vision of a unified solar power and electric car company looks set to become reality. Tesla shareholders have approved the $2.6 billion merger with SolarCity by an 85 percent majority. Musk’s plan is simple: build a one-stop-shop for consumers to buy into renewables, with stylish solar roofs, wall-mounted battery modules, and Tesla vehicles offered as a (rather expensive) package. He says the conjoined company will find large efficiency savings. Not everyone is convinced. Both companies are loss-making, and the deal could be seen as a bailout of SolarCity.
