Tesla Wins U.S. Antitrust Approval to Buy SolarCity
Tesla Motors Inc has won U.S. antitrust approval to buy solar panel installer SolarCity Corp, the Federal Trade Commission said on Thursday.
The deal was on a listing of proposed transactions that have won "early termination."
The deal was announced on Aug. 1 and is part of an effort by Tesla to improve economies of scale in electrical energy management systems, battery production and marketing.
(Reporting by Diane Bartz)
