20 JUL

SolarCity co-founder Peter Rive will leave Tesla, following his brother

Peter Rive, the co-founder and CTO of solar panel company SolarCity, will leave Tesla to focus on other projects and spend more time with his family, according to the company. His departure comes just eight months after SolarCity was purchased by Tesla for $ 2.6 billion in stock and two months after Tesla opened up pre-orders for the Solar Roof, which puts solar panel components in glass tiles for a more camouflaged look.

Rive was at SolarCity for 11 years prior to the company’s sale to Tesla, and it eventually became the largest solar panel maker in the US. Prior to SolarCity’s sale, it was in the process of building a solar panel “gigafactory” in Buffalo, New York, much like Tesla’s electric vehicle and battery Gigafactory in Nevada.

Lyndon Rive, Peter’s brother and the other co-founder of SolarCity, also left Tesla in May, reportedly to explore other opportunities in entrepreneurship. Tesla CEO Elon Musk is the cousin of both Rives.

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Ars Technica

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