Business Standard

Tesla to close a dozen solar facilities in nine US states

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Electric carmaker Tesla move last week to cut 9 per cent of its workforce will sharply downsize the residentia­l solar business it bought two years ago in a controvers­ial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees. The latest cuts to the division that was once SolarCity — a sales and installati­on company founded by two cousins of Tesla CEO Elon Musk — include closing about a dozen installati­on facilities, according to internal company documents, and ending a retail partnershi­p with Home Depot Inc that the current and former employees said generated about half of its sales. About 60 installati­on facilities remain open, according to an internal company list reviewed by Reuters.

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