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 battery system enabling EV homeowners to store and use solar energy.
What Solar and Hydrogen Solutions Does Tesla Offer in 2023–2030?
Since the SolarCity acquisition in 2016, Tesla has continued to expand its Solar Business, offering a range of solar products and services, including solar panels, wall connectors, roofs, and solar-powered car charging carports. The Company has also launched a virtual power plant program, which allows homeowners with solar panels to contribute excess energy to the grid and receive credits on their utility bills.
Following the recent addition-the Hydrogen fuel for EVs, here are some findings that might change how we choose electric vehicles in the future:
Despite CEO Elon Musk’s skeptical take on Hydrogen fueling and his negative comments in 2021–2022, he changed his opinion in 2023. Elon shocked his Twitter followers by announcing the Tesla switch from…