Tesla Hiring Push Supports Musk's 100GW Solar Plan

Tesla Announces Major Hiring for Solar Manufacturing

Tesla is actively hiring engineers and scientists to support Elon Musk's plan to establish 100 gigawatts of solar manufacturing capacity on US soil. Senior executives confirmed the initiative through online posts, signaling a significant push into renewable energy generation.

The company aims to achieve this ambitious goal before the end of 2028, a target that would make it the largest domestic solar component manufacturer. This strategic pivot comes as Tesla experiences slowing sales in its primary electric vehicle market.

Reshaping the US Solar Landscape

This initiative represents a monumental challenge, as total US solar module capacity currently stands at 65 gigawatts. The plan to build a domestic supply chain from raw materials would directly compete with dominant Asian imports, though analysts note Musk's history of missing aggressive timelines.

Summary and Outlook

Tesla's accelerated move into solar manufacturing marks a critical diversification effort. While the 100GW goal is aspirational, its pursuit could significantly impact the US renewable energy sector and supply chain dynamics if successfully executed.

FAQ

Q: What is Tesla's stated solar manufacturing goal?
A: To deploy 100GW of solar manufacturing capacity, from raw materials to finished products, on American soil by the end of 2028.

Q: Why is this plan considered ambitious?
A: The goal far exceeds the current total US solar manufacturing capacity and involves complex processes currently dominated by overseas producers.

Source: Investing.com