Energy

Tesla asks employees to fight California plan to cut solar incentives

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A solar panel is displayed on a wall near signage at the entrance of the new Tesla Inc. showroom in New York.

Mark Kauzlarich | Bloomberg | Getty Images

While Tesla CEO Elon Musk has said he would prefer to stay out of politics — and that he opposes all subsidies — his electric car and solar business is asking employees to protest a policy proposal in California that would cut solar incentives in the state, according to company correspondence obtained by CNBC.

There are at least 1.3 million residential solar customers in the state today.

Among other things, the policy proposal would reduce payments made to solar customers in California for excess power that their systems generate and…



Source cnbc.com

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