Tesla officially acquired sister company solarcity in a deal valued at 2 billion last november just weeks after an event in southern california where musk showed off non functioning solar roof.
Solar city and solar roof.
In october when solarcity s solar roof tiles were unveiled musk said the cost would compete with comparable roofing tiles once the value of the electricity they generate is taken into account.
Solar roof is comparable in price to a typical roof with solar panels.
My solar roof cost estimate last year before v3 was 60k for 12kw.
After its acquisition in 2016 effectively all products and services are sold through tesla s website.
Theres no possible conceivable way that you could get a 23 3kw solar roof installed for 41k with powerwalls.
Solarcity corporation is a subsidiary of tesla inc.
The board of directors settled a lawsuit over the solarcity deal for.
Solar roof is comparable in price to a typical roof with solar panels.
Soon after tesla unveiled the solar roof line a marked shift from the business model of solarcity which primarily sold and installed rooftop solar panels produced by chinese manufacturers.
That develops and sells solar panels and solar roof tiles.
It is headquartered in fremont california.
The solar roof s failures come at a tough time for elon musk and tesla who are fighting with lawsuits over the solarcity deal.
Tesla and solarcity just made your roof obsolete.
The increased price is probably from powerwalls.