NEWS: Tesla launches its own solar panel as its EV business falters

Tesla is betting on a new solar panel to offset its EV slump. (Canary Media)

  • With auto revenue down 10% for the year and plans to scrap Model S/X production for robots, Tesla is leaning hard into energy generation and storage (where revenue grew 27% last year). The company deployed 46.7 GWh of storage in 2025, more than 10X the rate just four years before.

  • Enter: a new, proprietary rooftop solar panel. The design uses a rail-less mounting system to cut installation time and parts, leveraging data from 500K prior solar installs to fix what contractors hate most about rooftop solar.

  • With federal tax credits for purchases gone, Tesla is pivoting to a lease-heavy model to capture remaining incentives, hoping its "closed loop" ecosystem (car, charger, battery, solar) can beat massive competitors like Qcells.

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