Elon musk solarcity

Tesla is credited with popularizing solar panels and batteries through its SolarCity division and rebranding electric vehicles as a sleek, sexy status symbol with a fleet of high-priced and speedy sedans and roadsters. That praise belies the reality that China’s electric car market, primarily serviced by Chinese manufacturers and spurred by Chinese regulations, is growing twice as fast as in the U.S. China is already the world’s biggest auto market, meaning that carmakers’ rush to build more electric cars ― far from being a bid to rival Tesla, as the narrative often goes ― is aimed at competing for Chinese buyers. … [Read more...] about Elon Musk Has Donated Nearly 7 Times As Much To Republicans This Cycle

Buss served as chief financial officer of solar panel installer SolarCity for two years before retiring in 2016. Tesla bought SolarCity that year. Denholm, the first woman to join Tesla’s board, is chief operations officer of telecom firm Telstra and the ex-CFO of network gear maker Juniper Networks ( JNPR.N ). Rice, the first African-American and second woman to join the company’s board, is the chairman of Johnson Publishing Co, home to Ebony and Jet magazines. … [Read more...] about Tesla Forms Three-Member Panel To Look At Any Musk Deal

Musk took Tesla shareholders and the stock market by surprise on Tuesday by announcing on Twitter he was considering taking the loss-making electric car-maker private at $420 (325.4 pounds) a share. In his first tweet he said funding was secured but provided no details. … [Read more...] about Tesla board evaluating CEO Musk’s idea to take company private

Here in the Northeast, Maine lawmakers have recently discussed a unique form of net metering that would compensate solar power producers based on the actual “value of solar.”  Right now, net-metering programs in Maine compensate solar owners at a rate of 13 cents/kilowatt-hour, which is roughly the retail price of power when purchased from the utility.  But a study conducted by the Maine Public Utilities Commission found that the actual value of solar power produced in Maine is 33 cents/kilowatt-hour.  In addition to displacing expensive “peak” power (a primary economic benefit of solar), the study cited lower air pollution, energy diversity, and reduced need for new power plant investments as reasons why solar is worth more than other types of power. … [Read more...] about Net Metering Uncertainty Threatens to Disrupt Explosive Growth of Solar Power

SAN FRANCISCO/LOS ANGELES (Reuters) - Tesla Inc’s <TSLA.O> production of solar roof tiles has been delayed by assembly-line problems at its new publicly subsidized factory and difficulties producing a product that satisfies the aesthetic demands of CEO Elon Musk, eight former and current employees of both companies told Reuters. … [Read more...] about Inside Tesla’s troubled New York solar factory