Will SolarCity Become an Energy Storage Power Player?

on May 2, 2016

motley foolSolarCity (NASDAQ:SCTY) and Tesla Motors (NASDAQ:TSLA) are natural partners, especially because Elon Musk happens to be the biggest shareholder of both companies. But there’s also another natural tie between the companies: SolarCity’s effort to democratize energy production has a growing need for Tesla Motors’ ability to store energy.

And it was recently uncovered by GTM Research that SolarCity has grand plans for Tesla Motors batteries in 2016.

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The Motley FoolWill SolarCity Become an Energy Storage Power Player?