Tesla CEO Elon Musk recently announced the company’s new solar roof tiles and now he has revealed that it will cost less than a normal roof.
Tesla is buying Solar City and the deal has now been approved by shareholders,Elon Musk revealed that the solar roof would cost less at this meeting.
Minutes after shareholders approved the deal—about 85 percent of them voted yes—Musk told the crowd that he had just returned from a meeting with his new solar engineering team. Tesla’s new solar roof product, he proclaimed, will actually cost less to manufacture and install than a traditional roof—even before savings from the power bill. “Electricity,” Musk said, “is just a bonus.”
As yet he has not provided any details on the exact costs of the new solar roof, as soon as we get some more information, we will let you guys know.
Whilst the actual tiles are apparently more expensive to manufacture, they are considerably lighter and less brittle than normal roof tiles. This means that the shipping costs of the tiles coulod be considerably less than normal tiles and this is where the cost saving come from as the shipping is a major cost in the overall price of roof tiles.
Source BloombergFiled Under: Technology News