Tesla Reportedly Cancels Multiple Solar Projects, Potential Downsizing

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Tesla Reportedly Cancels Multiple Solar Projects, Potential Downsizing via insideevs.com

Based on recent reports from customer emails, Tesla is canceling multiple solar projects across the US. Not only is Tesla reportedly informing people that it can't move forward with their planned projects right now, but also that its intention is to cancel them entirely.

In the relatively recent past, Tesla has finally started proving that it can and will ramp up its energy division and sell more products, though it remains laser-focused on its electric cars and SUVs.continues to take to"his Twitter" and various interviews to warn the US and the world that dire financial straits are upon us and only going to get much worse, it seems he's making changes where necessary.

It appears as though Tesla is dialing back the locations in which it will offer solar panels and related equipment. If it's succeeding in some areas but losing money in others, a move like this may be necessary. Hopefully, like many other similar situations that are being impacted by the economy, inflation, and forecasts of a recession, this move by Tesla will only be temporary.

 

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