Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Tesla Motors Inc (TSLA) and SolarCity Corp (SCTY) Work Together

How will Tesla Motors Inc (NASDAQ:TSLA) benefit from this? Beyond the free testing SolarCity will be doing, Tesla will show the world that its batteries have uses beyond powering the Model S sedan. With many investors and analysts concerned that vehicle production and sales will take too long to reach scale, any viable alternative revenue generator should be welcomed. Tesla Motors Inc (NASDAQ:TSLA)’s battery could be appealing to many solar companies in the future, not just its sister company SolarCity Corp (NASDAQ:SCTY).

Bottom line
The news does not have an immediate effect on either company’s prospects, but illustrates a very applicable, beneficial relationship between the two. At the forefront of either company’s playbook is innovation, and this is prime example of simple yet effective collaborations.

The article Tesla and SolarCity Work Together originally appeared on

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool recommends Tesla Motors Inc (NASDAQ:TSLA). The Motley Fool owns shares of Tesla Motors Inc (NASDAQ:TSLA).

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.