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Industry
Tesla to build $10.12 billion solar cell plant in Texas, hire 9,712 in major investment
Tesla has filed plans to build a $10.116 billion solar cell plant in Fort Bend County, Texas, and said it would hire 9,712 workers. The company applied for a 10-year property tax break under the Texas JETI program and set commercial production for the first quarter of 2029. The filing describes a fully vertically integrated facility producing cells and modules from polysilicon, but Tesla said Texas is not yet the final site.
Industry
Tesla buys up others\' electricity. Why when it makes solar too?
Tesla has agreed to buy 90 percent of the power from a large solar and energy storage project in Arizona under a long-term deal. It also signed a separate power purchase agreement the same day to take all output from a 140 MW solar plant under development in northeast Texas. The deals total more than 640 MW of solar capacity and 360 MW of battery resources, reflecting rising power demand tied to factories and AI computing infrastructure.
Industry
Tesla launches Tesla Home AI energy management platform, questions raised over 5-year-old technology
Tesla has launched Tesla Home, a household energy management platform that uses an AI engine called Opticaster to make hundreds of daily decisions on power storage and use to help reduce electricity bills. The service combines Tesla’s existing energy hardware and software in a consumer interface and works for existing Powerwall users without extra hardware. Updates focus on the Tesla app experience, including consolidated settings and smart breaker integration.