Tesla Energy

Tesla Cuts Prices Of Solar Systems To Counter Drop In Federal Rebate

Ringing in 2020 brought many changes to the US solar industry, including a drop in the US federal incentive for residential solar systems. The tax credit fell from 30 percent of the solar system cost to 26 percent effective January 1st, 2020. This first step-down in the tax credit is a small piece of recognition for just how much the financials for solar have improved over the last 10 years.

No, Tesla Is NOT The Largest US Automaker Ever

Over the last couple of days, as Tesla continues on this monstrous run, the media seems to have been noting that Tesla is now more valuable than any US automaker’s market cap ever. (Tesla is currently almost exactly the market cap of Ford and GM combined, around $88 billion.) Even though I would now plant myself firmly in the “bull” camp, this is completely untrue, and I think it paints a problematic picture of Tesla.