Tesla blames solar slump on interest rates as energy storage biz booms

Tesla’s solar installations are still slipping, the company told investors on Wednesday. The automaker reported 66 megawatts’ worth of solar deployments during its second quarter of 2023, representing a 1 MW decline from the first quarter and a 40 MW decline from the second quarter of 2022. In other words, Tesla solar installations fell by … Continue reading Tesla blames solar slump on interest rates as energy storage biz booms