Elon Musk has succeeded in combining two parts of his business empire, as investors in Tesla Motors and in the solar panel maker SolarCity agreed on Thursday to a merger.
Shareholders of each company voted at their respective meetings. But the question was always whether investors in Tesla would approve a takeover of the embattled solar company, which had been seen as a bailout of sorts.
But in the end, Tesla shareholders placed their bets on the billionaire entrepreneur.