Tesla had one of its best quarters for solar and energy products, with its subsidiary, Tesla Energy, deploying large quantities of both compared to previous years.
According to the company’s latest earnings report, solar deployment in the third quarter was 94 megawatts, one of the highest in recent years. This is a decrease of 11.3% from Q2 2022, which Tesla blamed on volatile commercial project deployment. Q3 2022 followed one of the company’s best quarters in over four years — Q2 2022 saw the deployment of 102 megawatts.