FROM Stefan Reichelstein
SolarCity and Solar Power in the West Tesla just announced that it wants to buy solar panel company SolarCity for $2.8 billion. Elon Musk - who owns Tesla - is also the chairman of SolarCity, which is run by two of Musk’s cousins. Musk called the bid a “no-brainer,” but many analysts and investors are puzzled by the decision. Especially because SolarCity is struggling with rising costs and increased competition. One estimate found that SolarCity could lose up to $400 million next year alone. And here in California, solar only makes up about four percent of our total power.
Trump says goodbye Paris Accord: What does it mean for U.S. and the planet? President Donald Trump announced Thursday that the U.S. will withdraw from the Paris Climate Accord, the landmark international agreement to limit greenhouse gas emissions. Trump was to renegotiate a new deal, but will that happen?
Revisiting showrunner Steven Bochco on his memoir Steven Bochco, the writer-producer behind record-breaking Emmy winners Hill Street Blues, LA Law and NYPD Blue, fought battles with everyone from out-of-control actors to network censors in his long career. He isn’t afraid to tell those tales in his memoir, Truth Is a Total Defense. This week we revisit the conversation where he shared some of his favorite stories with us.
Industry insights and lessons learned from memorable guests We have interesting guests on The Business, and sometimes our conversations are too long to fit into one show. This week we give you stories that were too good to leave on the cutting room floor, including some sharp insights on making it in the industry from David Mandel, David Simon, Shawn Levy and Matt Reeves.