Tesla’s SolarCity lost ground to Sunrun in 2018

Enlarge (credit: Jon Callas / Flickr) The first three quarters of 2018 show that Sunrun’s residential solar panel sales have outpaced SolarCity’s residential solar panel sales, according to data from analysis firm Wood Mackenzie. Though Tesla, the owner of SolarCity, has been losing ground in the solar panel market-share game for years now, Sunrun’s new […]

Tesla to cut nearly 20 percent of its SolarCity installation locations

Enlarge / Close-up of logo for Tesla Solar, a home solar power generation solution offered by Tesla Motors, San Ramon, California, March 28, 2018. (Photo by Smith Collection/Gado/Getty Images) (credit: Getty Images) Tesla is planning to close 13 or 14 solar installation locations that were set up by SolarCity before Tesla purchased the company in […]

Report: Tesla fires hundreds more workers in its SolarCity unit

Enlarge (credit: Marufish) SolarCity, the solar energy company Tesla acquired last year, has fired hundreds of additional workers, according to six anonymous sources who talked to CNBC. These dismissals are in addition to hundreds more that were reported earlier this month, and they are on top of previously announced layoffs, CNBC reports. All told, around 1,200 people at […]

SolarCity co-founder Peter Rive will leave Tesla, following his brother

Enlarge / Lyndon Rive, right, and Peter Rive, fellow co-founders of SolarCity. Photographer: David Paul Morris/Bloomberg via Getty Images (credit: Getty Images) Peter Rive, the co-founder and CTO of solar panel company SolarCity, will leave Tesla to focus on other projects and spend more time with his family, according to the company. His departure comes […]

Former SolarCity CEO will leave Tesla

(Reuters) – SolarCity founder Lyndon Rive, who steered the dramatic growth of the biggest U.S. residential solar company before driving its sale to Tesla, is leaving the electric vehicle maker in June, he said on Monday. In an interview, the former SolarCity chief executive said he wanted to start a new company next year and […]