Fewer solar panels will be installed this year as the first drop in more than a decade worsens a glut of the unsold devices that’s already slashed margins at the top five manufacturers, an analyst survey showed.
Tesla Motors Inc., the maker of battery-powered cars run by entrepreneur Elon Musk, may have seen its loss widen in 2011’s final quarter as it wound down production and sales of $109,000 Roadster electric cars.
Tesla Motors Inc., the maker of electric cars led by Elon Musk, said it’s making its first payment early on U.S. Energy Department loans the California startup used to engineer and produce the Model S sedan.
Tesla Motors Inc., the electric-car maker led by Elon Musk, fell the most in eight months after cutting its revenue outlook for the third quarter because of supplier shortcomings and other delays in accelerating production of its Model S sedan.
Tesla Motors Inc. survived a cash crisis in 2008 and tomorrow delivers its first electric car designed and built solely in-house. Co-founder Elon Musk will soon learn if there’s enough Model S demand for Tesla to profit.
GT Advanced Technologies Inc., a U.S. maker of solar manufacturing equipment, reported 20 percent growth in its backlog for polysilicon production systems, the main raw material in solar cells, as sales fell 41 percent in its 2012 fiscal third quarter.