Tesla to accelerate solar and energy storage business in 2022
Tesla Inc CEO Elon Musk has said the company will accelerate its solar and energy storage businesses in 2022 and pledged to develop a "pretty large" clean energy supply during the company's fourth-quarter earnings call. business.
Tesla's energy storage deployments are up 32% in 2021 from 2020, largely due to strong sales of its utility-scale Megapack battery storage product. The deployment of solar power facilities increased by 68% from 2020 to 2021, with a total installed capacity of 345MW. Production of energy storage systems and photovoltaic modules will grow this year as chip production ramps up in 2022, Musk said.
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