Yesterday Tesla announced that it has completed over 500,000 solar panel and solar roof installations to date. That’s 4 GW of solar capacity deployed.
Tesla’s solar division was created through the acquisition of SolarCity in 2016. The business has been going in a serious downward trajectory since the acquisition, but it has seen an uptick as of late. So I don't know if counts Solar City installs too, but I will tell you this. Do you remember that at some point Tesla made a switch and allowed third party installers to install its solar roof panels? I am thinking maybe switching to 3rd party installers was a good idea. Then Tesla could focus on product and software along with establishing as an electric utility in more areas.
Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.