Musk is the biggest shareholder in SolarCity, and his cousins are the top managers (and also shareholders) there. The decision to merge SolarCity with the much more powerful Tesla ensures the future of SolarCity, at least in the medium term. SolarCity was losing money and thought to be in trouble.
That said, it's not like the conflict of interest is a secret. Musk is going to get the deal approved by Tesla shareholders. Personally, I would be more skeptical in their place, but apparently they are fairly enthusiastic about it. So whatever, more power to him and to them.
That said, it's not like the conflict of interest is a secret. Musk is going to get the deal approved by Tesla shareholders. Personally, I would be more skeptical in their place, but apparently they are fairly enthusiastic about it. So whatever, more power to him and to them.