Solar Leasing

Tesla Cutting Headcount 9% As Part Of Company-Wide Restructuring Plan

Tesla CEO Elon Musk announced several weeks back that Tesla’s leadership was working on a restructuring plan that would flatten the company hierarchy in an attempt to make the overall company more efficient. Today, he shared his full email to employees on Twitter, which detailed the first of many concrete actions Tesla is taking towards the new hierarchy. The headline heard around the world this week is that Tesla is letting 9% of its employees go. But let’s dig in further.

North Carolina Renewable Energy Logjam Breaks Wide Open — Almost!

File this one under “E” for “Elections have consequences.” Former Republican North Carolina Governor and fossil fuel fan Pat McCrory lost his 2016 re-election bid in stunning fashion to Democrat Roy Cooper, who leveraged public enthusiasm for renewable energy during his campaign. As a result, the state’s renewable energy activity is set to accelerate. On July 27, Cooper signed HB 589 into law, putting new regulations in motion aimed at reaching a statewide solar target of 6,800 megawatts by 2020 — more than double what it has now.