has slashed prices on its residential solar-power systems by as much as 25% in an effort to boost sales, Reuters reported Thursday, citing Sanjay Shah, the company’s senior vice president of energy operations. Effective immediately, price quotes for potential solar customers will be between $3,000 and $5,000 lower on average, Shah said, according to Reuters. Tesla last month told investors it had deployed 93 megawatts of solar-energy systems in the third quarter, up 11% from the second quarter but down from 109 MW in the third quarter of 2017.
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