Tesla’s company-branded solar panel is now officially on sale on selected stores. The official sale of the solar panel in stores follows after the announcement of the Silicon Valley-based Corporation which has instigated a push on Tesla (NASDAQ:TSLA) Solar promotional supplies in its shops and verified a preliminary platform where it wholesaled some of its solar merchandises from the sites.
The preliminary platform was a success and it is now expected that Tesla’s Solar Roof and other Tesla-Branded solar Panels will now be available on stores nationwide and globally.
As seen in reports, Tesla has expounded on the reports in their Q1 shareholders letter. “Recently, we tested sales of our solar and storage products in several Tesla stores, and saw sales productivity improve 50% to 100% relative to the best non-Tesla retail locations. Based on these results, we are working towards fully staffing more than 70 Tesla stores in the U.S. and abroad with dedicated Tesla energy sales people over the next two quarters.”
Back in November, Tesla acquired SolarCity for an amount of $2.6 billion – a very much discussed acquisition by the shareholders. However, some questioned the move. The acquisition was deemed the world’s first ever vertically integrated defensible energy corporation and so far, Tesla remains as the only company serving in that industry. Solar City helped Tesla in its Battery Storage goods has improved its mass scale solar solution infrastructure.
“It’s really all part of solving the sustainable energy problem, that’s why we are all doing this, to accelerate the advent of a sustainable energy world,” Chief Executive Officer, Elon Musk stated on reports at that time.
Solar Products are becoming a huge niche in Tesla’s lineup. This is just its first step after acquiring Solar City and in a short time; the automaker giant already diversified its roster of products.
Lyndon Rive, Musk’s cousin, parted ways with the energy company a month ago to fully focus on his family and other future endeavors while Tesla moved SolarCity’s functioning archetype from door-to-door sales to online and retail store marketing.
Tesla until that time explained further that it aims to diversify its Client’ selections that would enter in any Tesla store where they can shop electric cars, energy storage solutions or solar products all in one eco-friendly store.
Source: investing
