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The common response to this is that they are an energy company and not a car company. However, while there has been some progress on the grid scale storage side
by abracadaniel 3y ago
The common response to this is that they are an energy company and not a car company. However, while there has been some progress on the grid scale storage side, solar seems to have faded into obscurity. The only time they’ve ever paid attention to it was when Musk was being accused of acquiring Solar City to bail out his brother.
- panick21_ 3y agoA lot of the growth in energy actually came from local storage, not grid storage if you look at the numbers. But its true that the energy business alone is already quick big and growing very fast. That said, people who really understand Tesla, do not think of it as an energy company. Cars are and will be the majority of Tesla revenue, profit and growth. But its certainty good to have power infrastructure and products. Solar as you correctly said, is not working out very well, but I think they have found the roof market to be much harder then expected.
- jacquesm 3y agoFor Tesla solar has faded into obscurity, because they're a bit player in the solar market. But meanwhile solar has taken off in an absolutely immense way. The number of panels installed in Europe on account of Putin's empire building efforts has accelerated the energy transition quite a bit, likewise for things like heatpumps, house insulation and so on.