Despite solar woes, Tesla recorded its first profitable Q1

Tesla finished the first quarter of 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.From pv magazine USA For the first time in its history, U.S. electric car maker Tesla reported a positive GAAP net income in the first quarter, driven by the profitability of the new Model Y. Tesla's solar and storage ventures were less successful, however. And, some big boardroom news came out just before the release of its earnings report. The company installed 35 MW of solar in the first quarter, ...

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