The deal is done. Tesla has officially acquired SolarCity. After months of speculation, Wall Street questions and doubts that this day would come, it is done. SolarCity will stop trading and the ticker symbol SCTY is gone, delisted from the exchange.
No more information about the integration has been released except for the $150 million efficiencies that would be created by combining the companies. So expect some job cuts and introduction of the solar system sales to the hundreds of Tesla stores around the Country.
Consumers will be able to get their solar, stationary storage and moving storage (the car) in a single place without putting any money down.