Tesla CEO Elon Musk shared his vision of building a highly integrated, sustainable energy company on Tuesday, after announcing that his electric automaker had made a bid to acquire SolarCity.
"Telsa is hellbent on becoming the best manufacturer in the world, this may seem counter intuitive to a lot of people I think it is very obviously the thing that should be done—like so obvious—it's blindingly obvious," Musk said on a conference call held Tuesday evening.
He also offered the pros of acquiring the full-service solar power company.
"I think there are benefits to sharing knowledge, assuming we're going to become a combined company," Musk said. "Sharing knowledge on the manufacturing front, scaling up production, and figuring out how to build the machine that built the machine (is the goal.)"