Tesla

Tesla Motors moved a step closer in its bid to buy SolarCity after federal regulators said the $2.6 billion deal doesn't present antitrust concerns.

Tesla announced plans to purchase the solar panel installer earlier this month, and Reuters says the Federal Trade Commission quickly signed off "because the merging companies have few or no overlaps."

NPR's Jeff Brady has more on the deal:

"Tesla is pursing the acquisition because on top of building cars, the company says it wants to produce the renewable energy that could power them.

Tesla says its cars' suspension systems have no safety problems, and the electric-auto maker calls an allegation that it has pressured customers not to report safety problems "preposterous."

Mel Evans / AP Photo

Washington Gov. Jay Inslee tried to woo electric carmaker Tesla Motors to build a massive battery factory in the Evergreen state. But according to at least one report, the company may have already broken ground near Reno, Nevada.

Rich Pedroncelli / AP Photo

The CEO of electric car company Tesla says a battery that caught fire in a Tesla vehicle was apparently impaled by a metal object.

Elon Musk wrote in a blog post Friday that fires are more common in conventional gas-powered vehicles. It's safer to power a car with a battery, Musk wrote.