Tesla Energy

Tesla has confirmed its plan to launch a new electricity retail business in Texas through a new job posting for a role overseeing the new business unit.

Tesla has started converting its Tesla Energy fleet to Model Y electric SUVs and Model 3 sedans, getting rid of their gas-powered vehicles.

In an internal meeting, Tesla teased new and updated energy products coming later this year along with a better customer front-end for solar installations.

Tesla has a new product called “Virtual Machine Mode,” and it is being deployed at its energy storage project in South Australia, nicknamed “Tesla Big Battery,” in partnership with France’s Neoen.

Tesla’s energy division, Tesla Energy, has achieved a record quarter on many levels, but the company didn’t have a word for its problematic solar roof product.

Tesla has filed to enter Texas’s deregulated energy market and become an official electricity retailer.

For a change, the company sees an opportunity not to disrupt but to fix and stabilize the market.

Tesla is going to supply its full energy ecosystem with solar, batteries, and EV chargers, to new homes in a new luxury community being built in Florida.

Tesla Energy, the automaker’s energy division, had a record quarter, but the market doesn’t seem to care much due to how small it is in relation to its automotive business.

Tesla has now added solar panels to its offering to third-party solar installers in what is now described as the full “Tesla energy ecosystem.”

Inspired by Tesla’s partnership with third-party roofing companies for solar tile installations, the move aims to accelerate Tesla Energy’s expansion.

Tesla has signed what could be described as a breakthrough deal to deploy solar roofs and Powerwalls on a “large scale” in a new community being built by Brookfield Asset Management and Dacra in Austin.

Tesla announced that it is launching “Tesla Energy,” its energy division in China, starting with the Powerwall home battery pack.

Tesla’s head of energy operations has left the company amid an important growth phase for the ‘Tesla Energy’ division.

Tesla (TSLA) is rising today on a new ~$1 trillion price target from a top analyst who sees the company developing an Apple-like ecosystem for energy.

Tesla Energy, the automaker’s energy division, had a massive quarter showing growth in all sectors.

The company might be on its way to become a decentralized electric utility, as Elon Musk has been predicting.

Tesla’s (TSLA) electric vehicle business is certainly its main source of revenue right now and should remain so for the foreseeable future.

However, we believe that the next phase of massive growth is going to be powered by Tesla Energy, the automaker’s energy division.

Tesla aims to eventually become a massive distributed electric utility, and we’ve now learned of a new product, Autobidder, which appears to be the next step in that direction.
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Tesla beat expectations with its earnings yesterday, and while its record car sales were definitely the driver, Tesla Energy returning to growth didn’t hurt, either.

The company’s solar division is growing again, thanks to cheap solar subscriptions and its new Solarglass roof, and its energy storage business is doing better than ever.
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Tesla is going to deploy a big new battery energy storage system in Alaska, and it’s going to reduce the state’s reliance on fossil-fuel power plants.
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Tesla turned around its solar business last quarter and CEO Elon Musk says that the company’s energy division, Tesla Energy, is becoming a distributed global utility and it could eventually outgrow Tesla’s automotive business.
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Tesla started pushing a new mobile app software update to enable homeowners with its solar products and/or Powerwall to access and dive deep into their own power generation data.
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Tesla Energy deployed a new record amount of energy storage during the last quarter, but its solar business is still declining.
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