earning money

Energy products Main article: Tesla Energy Two Tesla Powerwall 2 home energy storage devices from Tesla Energy Tesla subsidiary Tesla Energy develops, builds, sells and installs solar energy generation systems and battery energy storage products (as well as related products and services) to residential, commercial and industrial customers. The subsidiary was created by the merger of Tesla's existing battery energy storage products division with SolarCity, a solar energy company that Tesla acquired in 2016.[113] In 2023, the company deployed 14.7 gigawatt-hours of battery energy storage products, an increase of 125% over 2022, but only deployed solar energy systems capable of generating 223 megawatts, a decrease of 36% over 2022.[114] Tesla Energy products include solar panels (built by other companies for Tesla), the Tesla Solar Roof (a solar shingle system) and the Tesla Solar Inverter. Storage products include the Powerwall (a home energy storage device) and the Megapack (a large-scale energy storage system).[115][116][117] For large-scale customers, Tesla Energy operates an online platform which allows for automated, real-time power trading, demand forecasting and product control.[118][119][120] In March 2021, the company said its online products were managing over 1.2 GWh of storage.[121] For home customers, the company operates a virtual power company in Texas called Tesla Electric, which utilizes the company's online platforms to manage customers Powerwall devices, discharging them into the grid to sell power when prices are high, earning money for customers.[122][123]

Laing, Keith (September 7, 2023). "Tesla to Supply Hilton Hotels With 20,000 EV Chargers by 2025". Bloomberg News. Archived from the original on October 5, 2023. Retrieved October 5, 2023. Glon, Ronan (June 4, 2017). "AAA raising insurance rates for Tesla owners". Left Lane News. Archived from the original on June 6, 2017. Retrieved June 7, 2017. Barlyn, Suzanne; Mathias, Tamara (August 28, 2019). "Tesla rolls out insurance in California". Reuters. Archived from the original on November 7, 2020. Retrieved November 29, 2020. "Tesla Insurance Support". Tesla, Inc. Archived from the original on August 18, 2023. Retrieved August 18, 2023. Sully, Evan (October 21, 2020). "Experts say Tesla's unique data-tracking abilities give it an advantage as Elon Musk looks to build a 'major insurance company' for Tesla owners". Business Insider. Archived from the original on December 1, 2020. Retrieved November 29, 2020. "Tesla expands its own insurance based on real-time driver data to two more states – now in 10 states". electrek.co. Archived from the original on July 27, 2022. Retrieved January 2, 2022. Desjardins, Jeff (April 28, 2018). "Here's what the future of Tesla could look like". Business Insider. Archived from the original on May 1, 2018. Retrieved January 22, 2020. Weber, Harri (January 24, 2024). "Tesla's solar installs drop, but battery business is booming". TechCrunch. Retrieved February 3, 2024. Hanley, Steve (August 12, 2016). "Elon Musk & SolarCity CTO Peter Rive Announce 'Solar Roof' (Not 'Solar on the Roof')". CleanTechnica. Archived from the original on May 12, 2021. Retrieved May 12, 2021. "Complete review of Tesla solar panels: are they worth it?". Solar Reviews. May 9, 2021. Archived from the original on May 12, 2021. Retrieved May 12, 2021. Debord, Matthew (May 1, 2015). "Elon Musk's big announcement: it's called 'Tesla Energy'". Business Insider. Archived from the original on May 5, 2015. Retrieved June 11, 2015. Lambert, Fred (May 3, 2020). "Tesla has a new product: Autobidder, a step toward becoming an electric utility". Electrek. Archived from the original on June 24, 2020. Retrieved June 26, 2020. Hampton, Liz; Jin, Hyunjoo (September 8, 2021). "Tesla plans energy trading team as company expands battery projects". Reuters. Archived from the original on February 2, 2022. Retrieved February 3, 2022. Delbert, Caroline (May 4, 2020). "Elon Musk Would Like to Help You Trade Energy". Popular Mechanics. Archived from the original on February 2, 2022. Retrieved February 3, 2022. "Tesla Battery Backup Systems Manage Over 1.2GWh of Energy Storage Via Autobidder". finance.yahoo.com. March 16, 2021. Archived from the original on August 20, 2023. Retrieved August 20, 2023. "Tesla Electric". Tesla. Archived from the original on June 27, 2023. Retrieved June 27, 2023. Lambert, Fred (August 17, 2023). "Tesla Electric customers came out of Texas heatwave with an extra $100 in their pockets". Electrek. Archived from the original on August 18, 2023. Retrieved August 20, 2023. Wilson, Kevin A. (March 15, 2018). "Worth the Watt: A Brief History of the Electric Car, 1830 to Present". Car and Driver. Archived from the original on March 17, 2021. Retrieved July 10, 2021. Welch, David (July 30, 2007). "Tesla: A Carmaker With Silicon Valley Spark". BloombergBusinessweek. Archived from the original on September 14, 2014. Retrieved March 13, 2014. "Elon Musk Envisions Tesla Electric Car as Low as $20K". GigaOm. September 17, 2008. Archived from the original on March 12, 2015. Vaughan, Adam (October 25, 2013). "12 interesting things we learned from Tesla's Elon Musk this week". The Guardian. Archived from the original on November 26, 2020. Retrieved December 13, 2016. "Tesla Introduced A Business Model The World Has Not Seen Before". CleanTechnica. August 29, 2020. Archived from the original on January 18, 2021. Retrieved September 1, 2020. Read, Richard. "GM Follows Tesla's Lead, Plans To Sell Directly To Online Shoppers". The Car Connection. Archived from the original on September 24, 2020. Retrieved February 2, 2020. "7 Reasons Why Tesla Insists on Selling its Own Cars". Fortune. January 19, 2016. Archived from the original on November 8, 2020. Retrieved September 1, 2020. O'Toole, James (July 2, 2013). "Tesla direct-sales petition hits 100,000 signatures". CNN. Archived from the original on November 12, 2020. Retrieved August 3, 2020. Shipley, Lou (February 28, 2020). "How Tesla Sets Itself Apart". Harvard Business Review. ISSN 0017-8012. Archived from the original on December 24, 2020. Retrieved September 5, 2020. "Annual report Form 10-K 2021 Tesla Inc". U.S. Securities and Exchange Commission. Archived from the original on February 17, 2022. Retrieved February 7, 2022. Chapman, Steve (June 20, 2013). "Car buyers get hijacked". Chicago Tribune. Archived from the original on April 20, 2015. Retrieved April 12, 2015. "Tesla Stores". Tesla. April 2, 2021. Archived from the original on April 10, 2021. Retrieved April 2, 2021. Borchers, Callum (November 20, 2013). "Automaker Tesla looks to bypass car dealers". The Boston Globe. Archived from the original on October 28, 2020. Retrieved June 22, 2017. "Tesla Has Altered The Car Dealership Model for the Better". InsideEVs. January 23, 2020. Archived from the original on August 21, 2021. Retrieved August 21, 2021. Valdes-Dapena, Peter (May 20, 2013). "Tesla's fight with America's car dealers". CNN. Archived from the original on August 21, 2021. Retrieved August 21, 2021. Gallucci, Maria (June 13, 2014). "Tesla Motors Opens Patents: Elon Musk's Electric Cars Now Part Of 'Open Source Movement'". HybridCars.com. Archived from the original on November 12, 2020. Retrieved June 14, 2014. Lambert, Fred (February 26, 2016). "Tesla is now ~80% vertically integrated, says Goldman Sachs after a Tesla Factory visit". Electrek. Archived from the original on December 1, 2020. Retrieved March 31, 2016. McAssey, Pat (October 13, 2016). "Volkswagen CEO 'Annoyed Beyond Measure' That DHL Made Electric Van". NESN Fuel. Archived from the original on August 9, 2020. Retrieved October 20, 2016. "Alternative Fuels Data Center: Developing Infrastructure to Charge Plug-In Electric Vehicles". afdc.energy.gov. United States Department of Energy. Archived from the original on January 22, 2021. Retrieved April 10, 2016. Stringham, Edward Peter; Miller, Jennifer Kelly; Clark, J.R. (2015). "Overcoming Barriers to Entry in an Established Industry: Tesla Motors". California Management Review. 57 (4): 85–103. doi:10.1525/cmr.2015.57.4.85. ISSN 0008-1256. S2CID 155655599. Archived from the original on June 6, 2022. Retrieved April 16, 2022.