Tesla announces plans to buy SolarCity for $2.6 billion. James Vincent reports that it plans to buy solar energy firm SolarCity. The two companies hope that joining forces will allow them to scale their battery and solar energy operations, with Tesla describing the resulting firm as "the world's only vertically integrated sustainable energy company." The deal might not be signed and sealed just yet though as SolarCity has the option to solicit alternate offers until September 14th of this year, 2016. We are told this is part of Elon Musks `secret master plan` for the future. This includes plans to build `stunning solar roofs with seamlessly integrated battery storage,` along with Tesla`s electric vehicles including heavy duty trucks and public transport systems.
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