Analysts say the target is unrealistic with the Gigafactory 2 still under construction in upstate New York. Tesla CEO Elon Musk dropped another eye-catching tweet this week, this time announcing an ambitious target for solar roof production that analysts say looks improbable. Tesla executives made no mention of the solar roof during the company’s second-quarter […]
Tesla Sets Record for EV Deliveries, but Losses and Solar Shrinkage Endure
2019 is supposed to be “the year of the solar roof,” but Tesla’s solar business continues to wither. Tesla presented mixed results from the second quarter of 2019, including a delivery record of 95,356 electric vehicles and record deployments of its energy storage products. But Tesla’s solar business has become a shadow of its former […]
GAF Energy Claims to Have Installed ‘Hundreds’ of Its Solar Roofs, Outpacing Tesla
As part of a huge roofing company, GAF Energy says its customer-acquisition costs are lower than the industry’s average, giving it an advantage. GAF Energy, the solar roof company owned by global roofing manufacturer Standard Industries, says its contractors have deployed “hundreds” of installations since its January launch, suggesting it may be outpacing larger rival […]
Questions About Tesla’s ‘Low-Cost Solar’ Announcement
Tesla’s new solar roof strategy is a bold pivot, but a lack of detail about the equipment used and potential additional installation costs makes it difficult to compare to other offerings. Tesla recently announced a major restructuring of its solar business following several quarters of declining solar installations and dropping to third in the ranking […]
Progress at Tesla’s Gigafactory 2 Remains Murky Amid Concerns Over Jobs Target
Tesla is staring down a 2020 employment deadline in New York state. Skeptics wonder if the company can meet it. This month, Tesla hits its first employment target with New York state, negotiated around the siting of its Gigafactory 2. The deal, part of Governor Andrew Cuomo’s troubled “Buffalo Billion” development initiative, requires 500 workers […]
Elon Musk at Model Y Reveal: ‘This Is The Year of the Solar Roof and PowerWall’
Tesla reveals its Model Y crossover. But only after the CEO gave a Tesla history lesson and touted the solar roof. Tesla revealed the Model Y small crossover at its Southern California offices late Thursday night. The new product introduction comes at the same time that the EV pioneer is going through a bit of […]