Tesla sharpens focus on solar


From pv magazine International

Telsa is intensifying its focus on solar, CEO Elon Musk said during the company’s fourth quarter earnings call on Jan. 27.

“There were a few years there where we had to devote the whole company to Model 3 production and building … But now we [have] a little more bandwidth. We’re putting a lot of attention on solar, and it is growing rapidly. So, I think it will not be long before Tesla is, by far, the market leader in solar,” Musk said.

For Tesla, industry-leading pricing is central to its solar strategy. “[Getting the cost structure where it needs to be] is something that we’ve accomplished over the last year,” said CFO Zach Kirkhorn, without providing specifics.

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