{"id":146,"date":"2016-08-03T16:29:35","date_gmt":"2016-08-03T10:59:35","guid":{"rendered":"https:\/\/www.awfis.com\/?p=28907"},"modified":"2017-05-17T18:31:57","modified_gmt":"2017-05-17T13:01:57","slug":"5-things-you-can-learn-from-the-tesla-solarcity-deal","status":"publish","type":"post","link":"https:\/\/www.awfis.com\/inspiration\/5-things-you-can-learn-from-the-tesla-solarcity-deal","title":{"rendered":"5 things you can learn from the Tesla-SolarCity deal"},"content":{"rendered":"
\"Image<\/a>
Image Courtesy: http:\/\/bit.ly\/2aPntm9<\/figcaption><\/figure>\n

The \u201cAccident of History\u201d, as Elon Musk calls it has finally been mended. Tesla Motors and SolarCity have finally agreed upon a $2.6 Billion deal through what we now have as the World\u2019s first vertically integrated sustainable energy company. The combination of energy storage and solar generation as one company can create a fully integrated residential, commercial and grid-scale products, creating a one-stop shop for clean energy customers. One can learn a lot from a merger this big, where Elon owns more than 20% of both companies and is the largest shareholder in both. As budding entrepreneurs and with a vision to be the next Musk, here are some points you can learn from this merger-<\/p>\n

1. Time it Right<\/strong><\/p>\n

The two companies spoke through a joint blog post about how the timing for such a merger was perfect, as Tesla is getting ready to scale its\u00a0Powerwall and Powerpack stationary storage products and SolarCity is getting ready to offer next-generation differentiated solar solutions.<\/p>\n

2. Making Breakthroughs<\/strong><\/p>\n

Musk believes that Tesla is making breakthroughs in its manufacturing processes that can help reduce the amount of space needed to build parts by two-thirds, improving quality and capital needed for various outputs. Through the merger SolarCity would help in those improvements.<\/p>\n

3. Strategic Planning<\/strong><\/p>\n

The merger makes perfect sense strategically as customers would be able to purchase a single system to generate solar power through Tesla installations, store the energy in Tesla batteries and transfer it into their electric cars.<\/p>\n

4. All-in-One Shop<\/strong><\/p>\n

SolarCity could benefit from Tesla\u2019s strong brand value, making Tesla showrooms a compact shop for energy storage and electric car sales and giving increased transparency to the solar firm. Tesla\u2019s insights on power electronics could lead to lower installation costs for SolarCity.<\/p>\n

5. Taking Risks for Future Endeavours<\/strong><\/p>\n

Putting together two money\u2013losing entities can\u2019t ensure a single profit-making venture even after cutting out some overlapping costs. So what vision does Musk have in mind?<\/p>\n

Musk\u2019s vision for the \u201cnew\u201d Tesla is to become a leader in the renewable energy business. He is trying to instigate a now-out-of-fashion model under which companies seek to increase profits by owning different stages of production, sources, and components: Vertical Integration.<\/p>\n

If you are a risk taker, a strategic planner, who wants to make a breakthrough, you can make use of the all-in-one co-working space in Andheri West<\/a>, Mumbai or business centre in Hosur Road<\/a>, Bengaluru and fulfill your dream endeavours.<\/p>\n

Follow us on Facebook<\/a>, Twitter<\/a>, Instagram<\/a> and LinkedIn<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The \u201cAccident of History\u201d, as Elon Musk calls it has finally been mended. Tesla Motors and SolarCity… <\/p>\n","protected":false},"author":3,"featured_media":348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[55,133,65,225],"_links":{"self":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts\/146"}],"collection":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/comments?post=146"}],"version-history":[{"count":3,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts\/146\/revisions"}],"predecessor-version":[{"id":1761,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/posts\/146\/revisions\/1761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/media\/348"}],"wp:attachment":[{"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/media?parent=146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/categories?post=146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.awfis.com\/inspiration\/wp-json\/wp\/v2\/tags?post=146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}