June 20, 2014

Elon Musk is a really indefatigable entrepreneur. In addition to being CEO of SpaceX and Tesla Motors he’s also chairman of SolarCity, an American company that designs and installs solar energy systems. Well, this week Silevo bought SolarCity, a manufacturer of high-efficiency solar panels, for $350 million. The idea behind this acquisition is to push further progress in the field of solar panels.