Here's something most tech coverage is getting completely backwards. While everyone's focused on the SpaceX merger drama and whether Elon Musk is pulling off his fourth billion-dollar self-deal, Tesla's energy segment just posted $12.7 billion in revenue for 2025 with record-breaking margins. SpaceX even spent $697 million on Tesla Megapacks to power its own AI data centers. The two companies are already deeply intertwined at the product level, merger or not.
The bigger story nobody's touching? A brand new peer-reviewed study from UMass Amherst just found that 56% of large US solar projects face little or no public opposition. That means the conventional wisdom that solar farms trigger endless local backlash is built on a few loud cases, not real data. For developers, policymakers, and anyone betting on clean energy infrastructure, this changes the math entirely.
So here's the question nobody's asking yet: if Tesla's energy business is thriving, solar opposition is largely a myth, and the SpaceX merger poses real governance risks for existing shareholders, what does Tesla actually need this deal for?
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