Rive told Reuters that he's more interested in "starting and running companies", but it's also true that Tesla has changed its strategy regarding installations on homes, which definitely impacts Rive's original vision of providing a means to get to low-priced, widespread distribution of aftermarket installations for everyday people.
Rive set up SolarCity 11 years ago with his brother, Peter, who was the firm's chief technology officer. Since previous year, SolarCity's former CEO had been serving as head of sales and service for Tesla's energy division.
Musk said the two companies belonged together because they share a common vision - a world fueled by renewable energy - and leadership.
Lyndon Rive is Musk's cousin and one of the two co-founders of SolarCity, the solar panel company that Tesla bought previous year.
Tech-heavy EV maker and energy storage vendor Tesla purchased SolarCity, comfortably one of the US' top three solar installers, for around US$2.6 billion past year.
Under Tesla, SolarCity has slowed installations and focused on the most profitable projects that generate cash upfront.
After a record-breaking year for the solar market, the total global installed base of operational PV systems surpassed 300 gigawatts. Tesla said the takeover would create a unique energy company that could power both your home and your vehicle.
Something tells us whatever company Rive starts will once again end up being generously subsidized by taxpayers. We'll just repeat our question from almost a year ago when we discussed the Tesla-Solarcity merger, and concluded that "we wonder if 22nd Century investors will be warned of "Musk Schemes"?"
Tesla's next flagship product, the second model of the Palo Alto's electric SUV, the Tesla Model Y, will also be the second mass production vehicle of the brand after the Model 3, the production version of which is expected in July.
As a player, I've given everything and I love Manchester as a city and I've had my best moments as a player here at the club. Guardiola was speaking at a press conference to preview Tuesday's final home game of the campaign against West Brom .
Waymo had asked for a preliminary injunction, basically requesting that the judge shut down Uber's self-driving project . Honda is also said to be interested in a deal, wanting to use Waymo in a series of test cars.
Previous year smash-hit, hip-hop musical " Hamilton " won 11 awards after scooping a record 16 nominations. Platt is also a top contender in winning the coveted Tony Award in the Best Actor in a Musical category.
Sergei Rudskoi of the Russian General Staff, speaks to the media in the Defense Ministry in Moscow, Russia , Friday, May 5, 2017. Because Moscow is monitoring the agreement, he said, it is unlikely to "impede its own military actions on the ground".
Since tournament moved to TPC Sawgrass in 1982, the best opening round by a defending champion is 68 by Craig Perks in 2003. The 12th hole was certainly more appealing this year than the blind second shot it used to present.
By using "HTC Edge Sense for Voice-to-Text", the user can lightly squeeze, speak a message and send texts on the go. The successor to HTC 10 and a new member of the U family, HTC U11 comes with a standout feature dubbed Edge Sense .
Rashtriya Janta Dal chief Lalu Prasad Yadav vented his anger on the Union Government through his Twitter handle. Some days before BJP suspected Lalu Prasad and his families of being convoluted in unethical land transactions.
Instagram now offers Snapchat-style Face Filters
Starting on Tuesday, users of the social media app will be able to select one of eight filters to enhance their posts. All of this is available in the latest Instagram release, which is available now on Android and iOS .
Road sweet road: LeBron relishes away games in playoffs
The fans were all decked in white shirts printed with red maple leafs and they booed LeBron James each time he touched the ball. After winning the first two games this season, the Cavs went back to Toronto trying to avoid the pitfalls of previous year .
Moto Z 2 family portrait leaks
Moto C and Moto C Plus will be available beginning this spring in various countries across Latin America, Europe and Asia Pacific. The Moto C will be offered in 3G and 4G-enabled variants, with the former only being available in Pearl White and Starry Black.
Cyberattack havoc could grow as work week begins
State media reported that digital payment systems at some gas stations were offline, forcing customers to pay cash. In contrast to reports from several European security firms, a researcher at the Tripwire company on the U.S.
Senator John Cornyn on Short List to Lead FBI
He's held multiple leadership positions, including overseeing the FBI's national security branch and its Washington field office. Cornyn, 65, is the Senate majority whip and formerly served as a Texas attorney general and state supreme court justice.
Trump White House returns to crisis mode
By doing so, Trump jeopardized cooperation from an ally familiar with the inner workings of the Islamic State group. Reaction from Democrats on the House and Senate intelligence committees was full-throated.