Has the sun gone in on Tesla’s domestic solar business?

By Paul Homewood

 

Meanwhile Tesla is also struggling to sell solar installations in the US:

 

image

Weeks after electric carmaker Tesla announced it was to cut 9% of its workforce, it is also to sharply downsize the domestic solar business it bought two years ago for $2.6 billion (£2bn).

The company said the latest cuts to the division, previously named SolarCity, will include closing about a dozen installation facilities and ending a partnership with US retail giant Home Depot.

It installed 76MW of its solar systems in the first quarter of 2018, down from the more than 200MW of capacity SolarCity put into place at the start of 2016.

https://www.energylivenews.com/2018/06/26/has-the-sun-gone-in-on-teslas-domestic-solar-business/

via NOT A LOT OF PEOPLE KNOW THAT

https://ift.tt/2Is0BVx

June 26, 2018 at 08:39AM

Leave a comment