Photo credit: Business Finance News
Elon Musk is probably one of the strongest proponents for sustainability today. His first strategy to reduce carbon emissions was to phase out inefficient combustion engines through the mass adoption of electric vehicles. Now, as evident from Tesla’s merger with Solar City, Musk’s second strategy is to strategically supply green power to the grid.
Musk wants to accelerate the adoption of electric vehicles through Telsa, home batteries through the Power Wall, and solar panels through the acquisition of Solar City. By bringing together these three components under one house, it enables the potential for full home energy management systems. Though there is a mixed response in terms of the business case for the merger, what are the technical motivations behind it? It all has to do with the future of smart homes, the grid, resiliency, and cross compatibility of services.