While Tesla's electric vehicles are gaining popularity, its solar business has been in retreat in an ultra-competitive market. Tesla lost its crown as America's leading rooftop solar installer in 2018, falling behind lesser-known rival Sunrun , according to research firm Wood Mackenzie.Now Musk is trying to jump-start Tesla's solar business with a simple strategy: Cutting costs. Sharply.
In 2018, Tesla dropped to second place in the solar home installation race in 2018 behind Sunrun and just ahead of Vivint Sola r, according to consulting firm Wood Mackenzie. "Elon Musk has a lot of priorities on his desk," said Fox."His competitors may just have a more singular focus that has allowed them to gain market share.
If Tesla is losing money selling these, that could be good for us.
Wow.
The good news of the story .... more are being installed
Solar panels should be at low cost for next decade for everyone to use and generate electricity on their own! I imagine all the regions at the equator generating mass solar electricity and distributing to Northern parts of the world! Fossil & nuclear generation should Stop!
Gee, I wonder, ...
Because batteries to store the tiny amounts created cost a ton of money.
Can't sell em.
elonmusk girl I have like $13 🥴
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Source: BusinessInsider - 🏆 729. / 51 Read more »