Post by Admin on Nov 18, 2016 9:52:02 GMT -9
Elon Musk: Our Solar Roof Could Cost Less Than A Normal Roof
Nov.18.16 | About: Tesla Motors (TSLA) Get Alerts
Aurelien Windenberger
When Elon Musk unveiled Tesla/SolarCity's solar roof plans at the end of October, they caught everyone's attention, with even critics admitting the tiles looked great.
However one key element was left out that day: What would the solar roof actually cost in comparison to a normal roof?
At the Tesla special shareholder meeting on Wednesday, Musk provided his audience with a few more details, much to their delight.
... its looking quite promising that a solar roof will actually cost less than a normal roof before you even take the value of electricity into account. - Elon Musk
When Elon Musk unveiled the solar roof that Tesla (NASDAQ:TSLA) and SolarCity (NASDAQ:SCTY) had been working on at the end of October, he got everyone's attention, with even critics admitting the tiles looked great.
The team had come up with no less than four different shingle/tile designs, all of which look stunning. Designed to look like normal roofs from ground level, the tiles also have built in solar cells, which will allow potentially the entire roof to produce electricity. All are glass, which Elon noted will actually increase the durability of the roof. The most interesting had to be the Tuscan glass tile, which will no doubt be a big hit in California, where the company is likely to begin sales.
While the announcement was very exciting, one key element was left out; what was the solar roof going to cost? At the Tesla special shareholder meeting on Wednesday, Musk provided his audience with a few more details, much to their delight.
I think your faith [in the decision to merge with SolarCity] will be rewarded, it's really going to be, I think, some amazing stuff that comes out. I was just meeting with the SolarCity engineering team and I don't want to 100% commit to this yet, but its looking quite promising that a solar roof will actually cost less than a normal roof before you even take the value of electricity into account.
So the basic proposition would be: would you like a roof that looks better than a normal roof, lasts twice as long, costs less, and by the way, generates electricity?
Nov.18.16 | About: Tesla Motors (TSLA) Get Alerts
Aurelien Windenberger
When Elon Musk unveiled Tesla/SolarCity's solar roof plans at the end of October, they caught everyone's attention, with even critics admitting the tiles looked great.
However one key element was left out that day: What would the solar roof actually cost in comparison to a normal roof?
At the Tesla special shareholder meeting on Wednesday, Musk provided his audience with a few more details, much to their delight.
... its looking quite promising that a solar roof will actually cost less than a normal roof before you even take the value of electricity into account. - Elon Musk
When Elon Musk unveiled the solar roof that Tesla (NASDAQ:TSLA) and SolarCity (NASDAQ:SCTY) had been working on at the end of October, he got everyone's attention, with even critics admitting the tiles looked great.
The team had come up with no less than four different shingle/tile designs, all of which look stunning. Designed to look like normal roofs from ground level, the tiles also have built in solar cells, which will allow potentially the entire roof to produce electricity. All are glass, which Elon noted will actually increase the durability of the roof. The most interesting had to be the Tuscan glass tile, which will no doubt be a big hit in California, where the company is likely to begin sales.
While the announcement was very exciting, one key element was left out; what was the solar roof going to cost? At the Tesla special shareholder meeting on Wednesday, Musk provided his audience with a few more details, much to their delight.
I think your faith [in the decision to merge with SolarCity] will be rewarded, it's really going to be, I think, some amazing stuff that comes out. I was just meeting with the SolarCity engineering team and I don't want to 100% commit to this yet, but its looking quite promising that a solar roof will actually cost less than a normal roof before you even take the value of electricity into account.
So the basic proposition would be: would you like a roof that looks better than a normal roof, lasts twice as long, costs less, and by the way, generates electricity?