Tesla is working on technology to revolutionize the electrical grid with distributed solar power
Tesla | February 17, 2020
Tesla is working on technology for “a scalable hierarchical energy distribution grid” that could revolutionize how the electrical grid distributes solar power. To date, Tesla’s energy division, Tesla Energy, mostly involved deploying distributed solar power and energy storage assets. But last year, CEO Elon Musk said that “Tesla Energy is becoming a distributed global utility and could outgrow the automotive business“: Tesla Energy is going to be a major part of Tesla’s activity in the future. And Tesla’s mission from the beginning has been to accelerate the advent of sustainable energy — that means sustainable energy generation and sustainable energy consumption in the form of electric vehicles. Tesla plans to optimize all the solar and energy assets that it is installing at its customers’ homes in order to get as much value for them and the electric grid.