Tesla Decides to Axe Dozen or More "Solar City" Locations

Tesla CEO Elon Musk is hellbent on chewing out a disgruntled employee

Tesla's recent staff reductions reportedly aligned with cuts to the solar division, according to a Reuters report.

Tripp has been accused of gaining access to data such as "dozens of confidential photographs and a video of Tesla's manufacturing system" and writing code to export Tesla's data to people outside of the company on an ongoing basis.

The locations to be closed include those in the high-volume markets of California, Maryland, Arizona, New Jersey and NY, as well as smaller and less promising markets such as CT, which is gutting its net metering regulations.

Last week, Tesla announced it would lay off 9 percent of its workforce in an effort to keep its doors open as it tries to ramp up production of its critical Model 3 electric auto.

"The closures are consistent with the operational cost reductions in Tesla's auto business", said Tammy Madsen, professor of strategic management at Santa Clara University.

"Last night, the structure outside our factory that houses the cardboard and other wood and paper products that are being recycled caught fire", the spokeswoman said, adding that no injuries were reported, and the company was investigating the cause. Tesla said it deployed 76 megawatts of solar systems during the quarter, or 62 percent less than what SolarCity was deploying in early 2016.

Tesla CEO Elon Musk has been quieter than usual on Twitter for the past day - maybe because he's too busy emailing a former employee he called out for "sabotage" and proceeded to sue for stealing trade secrets and data about the electric vehicle company.

Love Island Sophie Gradon's Boyfriend Shares Heartbreaking Tribute
Love Island have paid tribute to 2016 contestant Sophie Gradon after it was confirmed on Thursday that she had died . Another contestant on the series, Kady McDermott, wrote: "Absolutely heartbroken to hear what happened to Soph".

Tesla said it planned to prove exactly how much it deserved to receive in damages during the trial, but given the claims in Tesla's lawsuit, you can bet it's not peanuts. Two of Solar City's largest panel suppliers are based in China, although the company plans to open a new factory in Buffalo, New York to build its own panels.

Tesla has an agreement with NY state requiring the company to spend $5 billion within 10 years.

Even if Tesla's lawsuit doesn't go the way the company hopes, hard to believe the past few days won't make others think twice about crossing Musk in the future. The lawsuit alleged Tesla's board of directors breached its duties to shareholders by approving the merger. Home Depot told Reuters its pact would last through the end of 2018, so it's not an immediate withdrawal.

While stopping its partnership with Home Depot might come off as alarming, GTM Research analyst Austin Perea noted that the deal might have been discontinued as a means to reduce unnecessary expenses.

The total number of layoffs at Tesla's solar and battery business remain unclear. Tesla now suspects the employee's illegal behavior was as a form of retaliation for his reassignment.

"It's an expensive account", the former employee said, "but it does bring in all the revenue".

Related News:

  • Japan to halt missile attack drills after Trump-Kim summit

    Japan to halt missile attack drills after Trump-Kim summit

    This of course stands in start contrast to Trump's recent statements on North Korea, in which he declared the nuclear threat from North Korea to be over.
    Salah won't leave World Cup, Egypt FA boss claims

    Salah won't leave World Cup, Egypt FA boss claims

    It's just disappointing that a tournament which was supposed to propel Salah onto the global stage has ended in such an early exit.
    Tom Arnold Says He Has Tapes Unheard by the Public on Trump

    Tom Arnold Says He Has Tapes Unheard by the Public on Trump

    The photo fueled speculation Cohen has secret tapes of Trump and is willing to share them. The tapes, which are said to be outtakes from Mr.
  • Belgium v Tunisia 23 June 2018

    Belgium v Tunisia 23 June 2018

    Romelu Lukaku , who scored two against Panama, spearheads the Belgian attack, supported by Eden Hazard and Dries Mertens. Eden Hazard has given Belgium a 1-0 lead over Tunisia with a penalty in the 6th minute of the World Cup Group G match.
    Cheika delighted with Australia's work ethic after Ireland win

    Cheika delighted with Australia's work ethic after Ireland win

    But the visitors hit the front soon after when Carbery kicked his third penalty following a ruck infringement from Pocock.

    Pantera legend & co-founder Vinnie Paul dies aged 54

    Over 22 years, the band released nine albums, including the 1994 Billboard 200 chart-topper Far Beyond Driven . Following Pantera's dissolution in 2003, Paul and Darrell formed Damageplan .
  • Migrating bump on woman's face turned out to be a worm

    Migrating bump on woman's face turned out to be a worm

    Adult females are usually 100-170 mm long by 460-650 µm wide; males are usually 50-70 mm long by 370-450 µm wide. The worms can live for up to eight years and, during their life time, release millions of larvae into the blood.
    Musa marks return with winning double as Nigeria beat Iceland

    Musa marks return with winning double as Nigeria beat Iceland

    Musa added a second in the 75th after singlehandedly breaking down Iceland's last line of defense. Nigeria almost doubled its lead on several occasions, but Musa made it happen in the 75th minute.
    Demi Lovato sings about relapse in new single 'Sober'

    Demi Lovato sings about relapse in new single 'Sober'

    Demi Lovato is keeping it real with her fans in her highly emotional new song " Sober ", hinting that she may have relapsed. In her new single, titled " Sober ", a candid Lovato admits to suffering a relapse.
  • Alisson Becker makes Liverpool FC, Real Madrid decision

    Alisson Becker has made a decision to move to Real Madrid ahead of Liverpool FC this summer, according to a report in England. Lyon president Jean-Michel Aulas has not ruled out going back to the negotiating table with Liverpool over Nabil Fekir .

    Pantera Legend Vinnie Paul Dead at 54

    The following year, Vinnie Paul's brother, Dimebag Darrell was tragically murdered on stage during a concert in Columbus, Ohio. Abbott's representative confirmed his death to the music magazine, but the cause of death is not known at this time.
    Trump Autographs Photos of Deceased at White House Event

    Trump Autographs Photos of Deceased at White House Event

    "How many times could he change his mind?" Last Friday, he said during a television interview that he opposed it. The Department of Homeland Security, and Sessions , later said the policy was not intended for deterrence.


Most liked

Hungry rat shreds almost $18,000 worth of cash inside ATM
The rats munched through an estimated 1.2 million rupees (S$24,055) worth of hard currency, local media reported. A rat has nibbled its way through more than a million in Indian rupees after getting into an ATM machine.

Intel boss Brian Krzanich ousted for violating 'fraternisation policy'
Intel managers are forbidden to have relationships with any employee who reports to them, whether it's directly or indirectly. He made the sale in November as Intel and manufacturers worked to create patches before the problems were publicly exposed.

Alzheimer's 'may be caused by a virus'
And once the viruses get inside brain cells, they can just sit there quietly for decades until something causes them to wake up. They found that Alzheimer's biology is likely impacted by a complex group of viral and host genetic factors.

Roberto Osuna Suspended 75 Games by MLB After Domestic Violence Charge
The 75 games cover the entire period since he was placed on administrative leave by Major League Baseball on May 8. Pending the court results, there's a possibility he sits out the remainder of the season with the Blue Jays.

Trump's immigration order sparks confusion, deep concern
As a matter of regulation, they are not allowed to be detained with their parents during legal proceedings. Trump has instructed Attorney General Jeff Sessions to ask a federal court to overturn the settlement.

Nintendo and Xbox are totally BFFs now thanks to Minecraft
So if you are someone who loves your Nintendo Switch , this is not for you as the other issues include screen burning too. Sony has ignored pressure from the public and from game makers regarding opening the PS4 to cross-platform play.

Melania’s ‘I Don’t Care’ Jacket Refers to ‘Fake Media,’ Says the President
The awkwardness of the situation wasn't lost on many online, including Dictionary.com , who said it showed indifference. Grisham also said that Melania "wanted to see everything for herself" and that her husband supported the trip.

Net Worth of Lionel Messi
Cesc Fabregas has played down the contribution of Cristiano Ronaldo at the World Cup and said that Argentina's struggles are not all Lionel Messi's fault.

Brazil vs. Costa Rica
La Sele will play its final World Cup 2018 game against Switzerland on Wednesday at 12 pm Costa Rica time . The referee initially granted a penalty to Brazil.

Dele Alli absent as England team train ahead of Panama match
Instead, Chelsea youngster Loftus-Cheek could be handed his first World Cup start after impressing in his 20 minute cameo performance against the Eagles of Carthage.

Avalara stock soars following Supreme Court e-commerce sales tax decision
Chief Justice John Roberts offered the dissenting opinion, along with Justices Stephen Breyer, Elena Kagan, and Sonia Sotomayor. Etsy , the online marketplace where many artists and small business owners sell their wares, also filed a brief .

MSCI move lifts Saudi exchange ahead of Aramco IPO
If the country imposes any restrictions such as capital or FX controls then MSCI will review its reclassification decision. In 2017 MSCI surprised markets by not promoting Argentina , saying it needed more signs that reforms were "irreversible".

Yemeni army, Houthi rebels trade blows east of Sanaa
A top Emirati official acknowledged how the campaign for Hodeida goes will determine the likelihood of an end to Yemen's war. Around 22 million people are now in need of aid in Yemen, with 8.4 million on the brink of starvation, according to the UN.

Neymar needs more time - Brazil coach
BBC pundit Chris Sutton was critical of Neymar , saying something needed to be done to end the culture of diving in football. Coutinho said Brazil "deserved the win", after the Selecao were held to a 1-1 draw with Switzerland in their opening match.

Meghan Markle and Queen Elizabeth to Make Their Second Public Appearance Together
At one point, Sarah was seen adjusting her ex-husband's lapel as they happily chatted away. Harry and Meghan were in the third carriage, with the Earl and Countess of Wessex.