The EV, solar and battery company has filed to issue $750 million in convertible notes, and another one million shares of stock in advance of its Model 3 roll-out.
Amid the innovation on display in Portugal, the optimism in Japan and the, well, eagerness in Norway were stories of takeovers, Tesla and storage that shaped yet another fascinating week in the global solar PV industry.
Tesla founder Elon Musk has thrown down a challenge to the Australian government, saying that he can build a battery array capable of resolving South Australia’s energy stability issues within 100 days. Musk took to social media to make the challenge, saying that Tesla could develop a 100 MWh system to stabilize the state’s electricity network, within 100 days of a contract being signed, or that he’ll provide it for free.
Tesla has officially launched its range of second generation home and grid-scale battery storage products in Australia, with installations of the company’s fully integrated, 14kWh residential Powerwall 2 units to begin in homes throughout the country next month.
It’s been a long time coming, but Tesla’s annual report confirms that the SolarCity-Silevo romance has come to an end
The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.
Lithium-ion battery storage devices – including Tesla Powerwalls and other products – may be banned from being installed inside homes and garages in Australia under new guidelines being drafted by Standards Australia.
New car registrations across Britain hit a 12-year high last month, with electric vehicles (EVs) accounting for 4.2% of that figure – a one-fifth increase on the previous month.
With record-breaking announcements, job losses, company reshuffles and top-down branding decisions, it’s just another typical week in the fast-paced world of solar PV.
Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.
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