Tesla’s energy generation and storage business revenue declined further in the first quarter of 2019, with solar rooftop deployments hitting a new low of 47MW, a 36% quarter-on-quarter decline. In response, Tesla will be offering new customers in the US a US$99 upfront deposit before installing a solar system.
Energy giant marks largest PV project to date with two plants set to power facilities of Exide, which in turn will manufacture the batteries used by the installations.