From all appearances, 2019 marked the liftoff of Tesla’s Energy division. The company marked a 26% quarter-on-quarter increase in solar installations from 43 MW to 54 MW. Storage saw an equally impressive bump on its larger base from 477 MWh installed in Q3 2019 to 530 MWh in Q4 2019.
When Tesla ushered in version 3 of its Solarglass Roof in October, CEO Elon Musk boasted that the new product maintained the striking aesthetic of the earlier versions but had an improved design. Version 3 would improve not only the ease and cost to manufacture the tiles, but the cost and speed to install at the customer location as well. It is exactly that type of winning formula Tesla used to disrupt the automotive industry with a vehicle that raised the bar in just about every way and just happened to be electric.
