With the acquisition of SolarCity and Gigafactory 2, Tesla offers a full suite of energy products that incorporates solar, storage, and grid services. As the world’s only fully integrated sustainable energy company, it is encouraging businesses and people to think electric car + solar panels + battery storage as an integrated whole.
Tesla Energy is in transition. There is tremendous demand, but relatively low Tesla solar volumes are expected in 2018. In total, cash flow from solar is anticipated to remain neutral and relatively stable for the remainder of 2018, the company said.
Demand for Tesla’s energy storage products can’t keep up with production even as the company continually adds capacity.
The company is cell starved, so to say, for Powerwall right now, so they have stopped taking orders because they don’t have enough cells to make Powerwall. They expect to ramp up Powerwall and Powerpack production substantially later this year and early next.
Tesla Energy deployed 84 MW of solar energy generation systems in Q2, an 11% increase over Q1 2018. Cash and loan system sales made up 68% of Tesla Energy residential deployments in the quarter, up from 37% in Q2 2017.
The Tesla website states that the earliest the company is scheduling Powerwall installations for new orders is late 2018.