Elon Musk scraps plan to take Tesla private
The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.
Report shows Tesla’s battery gigafactory booming
The report found over 3,200 employees working at the factory at the end of 2017, and $3.7 billion in invested in the plant.
Vulnerable at-home patients to get Tesla Powerwalls
The Vermont Lower Income Trust for Electricity have provided a $150,000 grant for 100 low-income electricity customers with significant need for reliable backup power due to health and mobility issues.
Saudis may take Tesla private
Elon Musk has revealed that a Saudi sovereign wealth fund has approached him with a definite offer, and has announced advisors as the company forms a special committee.
What is Elon Musk thinking?
In this post Rob Peters of Intelligize analyzes the possible securities law ramifications of Elon Musk’s Twitter announcement that he may take Tesla private.
Musk wants Tesla private – it’s our fault
Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.
Tesla’s mad growth in energy storage
In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.
Tesla Powerwalls and PowerPacks save Vermont $500,000 during heatwaves
Green Mountain Power suggests 500 distributed Tesla Powerwalls plus two larger energy storage facilities have saved its customers $500,000 this summer during peak demand hours.
BMW, Tesla open factories in China in spite of trade dispute
In the wake of the U.S.-China trade dispute, the Chinese government has loosened its policy on ownership caps for factory sites for foreign car brands. Previously, car companies could only retain 50% of the ownership of a factory and had to set up a joint venture with a Chinese partner. By setting up shop in China, Tesla can avoid import duties on its cars, to cater to a broader customer base.
Solar loans overtake third-party as dominant residential solar model
While residential solar leases and PPAs peaked in 2016, GTM Research is now predicting that solar loans will represent nearly half the market this year.
