Tesla: New Plans, Cars, Solar and Hydrogen Fueling for EV 2023–2030

By Elena Shlychkov

How did Tesla get into Solar?

Tesla keeps adding new products and car models while upgrading its solar charging and hydrogen fueling solutions, following Elon’s Musk plans for EVs in 2023–2030. This Article intends to showcase some of the benefits of new Tesla solutions for EV owners and educate Tesla fans and auto customers on decision-making strategies before purchasing the EV.

Marketers often dig into the history of business moguls like Elon Musk to get insights and wisdom from visionary idea-makers. We trace the entry of Tesla into the solar industry back to its acquisition of SolarCity in 2016, according to Tesla

Peter and Lyndon Rive, Elon Musk’s cousins, founded SolarCity in 2006, and since then, it has been one of the largest solar installation companies in the United States. In 2015 SolarCity ran into financial problems, and Elon offered to acquire the Brand.

The acquisition of SolarCity was controversial and financially demanding. But, despite the criticism, Elon Musk went ahead with the purchase, investing about US$2.6 billion (equivalent to nearly $3 billion in 2022). SolarCity became a wholly-owned subsidiary of Tesla. This move allowed Tesla to integrate Solar Technology into its existing energy products, such as the Powerwall, a home…