Tesla’s energy division achieves record quarter for everything except solar roof – Electrek

by | Jul 21, 2022 | Energy

Tesla’s energy division, Tesla Energy, has achieved a record quarter on many levels, but the company didn’t have a word for its problematic solar roof product.

Yesterday, Tesla (TSLA) released its Q2 2022 financial results, and it beat Wall Street expectations. One of the highlights of Tesla’s earnings is the results of the company’s energy division.
Ahead of the earnings, Electrek already reported that Tesla’s US residential solar division had its best quarter since 2017 after the acquisition of SolarCity. The company deployed over 70 MW of residential solar in the US, and when adding other sectors, Tesla Energy deployed a total of 106 MW of solar energy in Q2 2022:

Tesla wrote about its solar deployment performance during the quarter in its shareholders’ letter:

Solar deployments increased by 25% YoY in Q2 to 106 MW, the strongest quarterly result in over four years. Although we continue to experience import delays beyond our control on certain solar components, we have expanded our supplier base to enable growth in this business. Our solar installation team continues to improve installation efficiency, enabling higher volumes and stronger economics.

Interestingly, the company didn’t mention its solar roof product at all. We previously reported that the solar roof deployment was extremely low during the quarter and Tesla recently stopped scheduling new installations in most US markets.
Tesla also had a great deployment …

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