Last week, Tesla announced it would lay off 9 percent of its workforce in an effort to keep its doors open as it tries to ramp up production of its critical Model 3 electric car. Now internal emails obtained by Reuters show that 13 or 14 of Solar City's installation centers will be shuttered as part of the layoffs. About 60 centers will stay open... Tesla layoffs hit 20 percent of Solar City installation locations
Last week, Tesla announced it would lay off 9 percent of its workforce in an effort to keep its doors open as it tries to ramp up production of its critical Model 3 electric car. Now internal emails obtained by Reuters show that 13 or 14 of Solar City's installation centers will be shuttered as part of the layoffs. About 60 centers will stay open...
While Tesla may be the automaker most known for marketing home-solar equipment, it's actually not the only player on the block. Japanese automaker Nissan previously offered home-energy storage solutions in Europe, dubbed Nissan xStorage, that utilitzed cells recycled from Nissan Leaf batteries. That's as far as Nissan has gone—until now...
Tesla’s summer announcement of the world’s biggest battery-storage system in South Australia characteristically kept key details confidential. Fortunately, while mystery and mystique still shroud that project, more can be unearthed or inferred for Tesla's solar panel and battery energy-storage deployment in Kauai, Hawaii, which came...
Elon Musk, habitually behind schedule, announced on May 10 that anyone can now preorder a Tesla Solar Roof—a roof made of shingles with built-in solar cells. Musk had previously said preorders would open in April, and promised the product would cost less than a conventional roof if you factor in the energy savings. DON'T MISS: Tesla debuts...
If only we could all be as optimistic, and energetic, as Tesla CEO Elon Musk. Even as Tesla gears up for mass production of the Model 3 electric car and a hoped-for annual production rate of 500,000 total cars by next year, Musk has found time to place a high-profile bet on the renewable energy part of Tesla's businesses. In this case, it has to...
Even before Elon Musk engineered Tesla's acquisition of SolarCity, the two companies were collaborating. SolarCity was already controlled by Musk, who believes its solar-energy business can be reinforced and complemented by Tesla's energy-storage business. Last year, Tesla announced a joint project with SolarCity to install a large battery farm...
Tesla is perhaps best known for its electric cars, but the company has another prominent business as well. Its Tesla Energy division markets stationary lithium-ion battery packs for energy storage. Energy-storage systems can increase the utility of home solar arrays, meaning Tesla Energy will likely become more important now that Tesla is set to...
The combination of Tesla and SolarCity is already promoting its potential synergies, albeit in a location far away from the mainland United States. The island of Ta'u in American Samoa is located more than 4,000 miles from the U.S. West Coast, and typically relies on imported diesel fuel to generate electricity. With no local sources of fossil...
Late last week, Tesla Motors CEO Elon Musk held a press conference whose underlying message was support for the proposed combination of Tesla with solar installer SolarCity. Musk's cousin Lyndon Rive runs SolarCity and Musk sits on its board, but the proposed acquisition has been criticized by analysts as a distraction for the electric car...