"Excluding the votes of Elon and other affiliated shareholders, more than 85% of shares voted were cast in favor of the acquisition. With SolarCity's shareholders also having approved the acquisition, the transaction will be completed in the coming days,"
The shareholder vote was the last barrier for
The ultimate goal is for Tesla to provide a one-stop shop for consumers sustainable energy needs.
"We’re trying to make an integrated product, where you can go to Tesla store and just say yes, It's seamless and you love it," Musk said after the vote.
Tesla shares were up 2.6 percent on the day, while SolarCity gained about 3 percent.
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