Tesla Energy

Tesla aims to eventually become a massive distributed electric utility, and we’ve now learned of a new product, Autobidder, which appears to be the next step in that direction. Expand
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Tesla beat expectations with its earnings yesterday, and while its record car sales were definitely the driver, Tesla Energy returning to growth didn’t hurt, either.

The company’s solar division is growing again, thanks to cheap solar subscriptions and its new Solarglass roof, and its energy storage business is doing better than ever. Expand
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Tesla is going to deploy a big new battery energy storage system in Alaska, and it’s going to reduce the state’s reliance on fossil-fuel power plants. Expand
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Tesla turned around its solar business last quarter and CEO Elon Musk says that the company’s energy division, Tesla Energy, is becoming a distributed global utility and it could eventually outgrow Tesla’s automotive business. Expand
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Tesla started pushing a new mobile app software update to enable homeowners with its solar products and/or Powerwall to access and dive deep into their own power generation data. Expand
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Tesla Energy deployed a new record amount of energy storage during the last quarter, but its solar business is still declining. Expand
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Tesla is going to enable homeowners with Tesla solar roof tiles and solar panels to access and dive deep into their own power generation data. Expand
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After being the leader in solar installations for years, Tesla has now slipped to third place for solar installations in the US after restructuring its energy business. Expand
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Tesla is planning to revive its solar business, which has been plummeting over the last year, by undercutting the competition with much lower prices under $2 per watt achieved by involving the customer in the quoting process. Expand
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Tesla has been increasingly using more solar panels made by Panasonic at Gigafactory 2 in Buffalo for its solar retrofit business.

Now Electrek has learned that Tesla started using a new 330-watt solar module. Expand
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Tesla has been betting on word of mouth to promote most of its products and solar has been no exception since it has acquired SolarCity

Here’s how Tesla has been taking over neighborhoods with solar energy thanks to the help satisfied customers. Expand
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Tesla Energy announced today that they are reducing the prices of their solar power systems by $3,000 to $5,000 for the average homeowner.

They cite improvements in “vertical integration” as the reason for the price cut. Expand
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Amazon is turning to Tesla in order to deploy energy storage capacity at their distribution centers.

After a deal to add Tesla Powerpacks to a UK facility earlier this year, now Amazon is working with Tesla again at another distribution center. Expand
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The California Public Utilities Commission approved this week a very important proposal from PG&E to deploy over 2 GWh of energy storage capacity from battery systems by Tesla and other companies that will replace three gas plants. Expand
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While we are waiting for Tesla to ramp up its solar roof tiles, the company is starting to use more of its own solar modules.

A new report shows that Tesla Energy is now mainly using its own ‘Tesla-branded’ solar panels made by Panasonic at Gigafactory 2 in Buffalo. Expand
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Tesla’s energy division is deploying a new Powerpack project in Weld County, Colorado, where it could save ratepayers and the local utility as much as $1 million per year. Expand
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One thing we have yet to discuss when it comes to Tesla’s Q2 earnings is how its Tesla Energy division is doing.

In short, solar is stable and energy storage is growing despite cell shortage, but the growth outlook is what is really “crazy.” Expand
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Ever since Tesla took over SolarCity to become part of Tesla Energy, the deployment of solar power has been slowing down gradually for a series of reasons ranging from a restructuring to market changes.

Now Tesla is looking at a shift as it claims that demand is not a problem and now they need to increase production. Expand
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Last month, Tesla CEO Elon Musk announced a vague plan to flatten management and restructure the company in order to achieve profitability during the second half of the year.

We now have a better idea of what the restructuring entails after Musk announced last week that Tesla is laying off about 9% of its workforce.

Now we’ve learned about the impact of the restructuring on Tesla’s Energy. Expand
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Tesla is apparently significantly ramping up its effort to help rebuild the power grid in Puerto Rico after it was destroyed by hurricanes last year.

After having completed hundreds of energy storage project on the islands in the last few months, Tesla CEO Elon Musk now says that they have ‘about 11,000’ energy storage projects underway in Puerto Rico, which means something big is in the work. Expand
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Since Tesla acquired SolarCity, they have shut down several of the solar installer’s marketing efforts in order to focus on using its own car showroom to promote their solar and energy storage products.

But there’s one marketing effort that they are sticking to and even expanding: a deal with Home Depot. Expand
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