Top

Tesla’s Drop Continues in US Residential Solar Rankings

June 19, 2019

Tesla sank to third place among U.S. residential solar providers for installations in the first quarter of 2019, continuing the one-time market leader’s dramatic decline.

The latest ranking from Wood Mackenzie Power & Renewables shows Vivint Solar knocking Tesla out of second place. Sunrun’s direct solar business pulled ahead of Tesla in the second half of 2018.

That’s not to say that Vivint gained market share at Tesla’s expense. Vivint’s percentage of the market actually shrank, from a high of 11.6 percent in 2014 to 7.3 percent so far in 2019.

Read More on Greentech Media