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Re:xAI has acquired X, xAI now valued at $80B by refulgentis on Friday March 28, 2025 @06:21PM (#43510453)
Solar City was a debacle, it died immediately. Tesla's story in court was they were about to go bankrupt, and it was a financial necessity to redeploy all Solar City assets, including all employees, to Model 3 production.

It breaks my heart because my rust belt hometown got a substantial investment from the state they had been chasing for a couple decades.

$700M of the Buffalo Billion went to a Solar City facility, Elon even said they were going to build the solar roofs there!

New York State didn't dare pick a fight with him as the factory set empty for years.

Full story via Bethany McLean, 2019:

https://www.vanityfair.com/news/2019/08/how-elon-musk-gamble...

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