11 May '18, 10am

With Focus on the Model 3, What’s Up With Tesla’s Storage and Solar Businesses? https://t.co/Zd4neStCns

With so much attention focused on Tesla's execution of the Model 3, it prompts the question: What else is going on at the company? Tesla is, after all, a company that recently swallowed what had been the nation’s largest residential solar installer and built the world’s largest lithium-ion energy storage facility. The Model 3 dominated last week’s Q1 earnings call , as well as the letter Tesla sent to shareholders, but buried in the transcript of that call and Tesla’s shareholders' letter were nuggets about the direction of the company's storage and solar businesses. In the letter to shareholders, CEO Elon Musk said Tesla aims for a threefold increase in the energy storage megawatt-hours deployed in 2018. The company installed 373 megawatt-hours of energy storage in Q1, up 161 percent from Q4 2017. Tesla said it installed a record number of residential Powerwall systems in...

Full article: https://www.greentechmedia.com/articles/read/the-focus-is...

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[email protected] is giving the people what they want.

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