Tesla’s solar roof could be less expensive, last twice as long, and be more stylish than regular rooftops

Briefing

Tesla’s solar roof could be less expensive, last twice as long, and be more stylish than regular rooftops

March 9, 2017

Briefing

  • Innovative Solar Roof – Tesla CEO Elon Musk announced newly launched integrated solar roof tiles, which could cost less to manufacture and install than regular roofs, while lasting twice as long and weighing one-fifth of existing products
  • SolarCity Merger – Confirms Tesla’s $2 billion merger with SolarCity, as shareholders voted in favor of it, making Tesla and SolarCity one single solar, battery storage and electric vehicle company
  • Stylish Design – Unveiled four different designs for solar roof tiles in October 2016, which look better than normal roofs, and are aesthetically comparable to most expensive roofing materials available in market
  • Electricity Generation – Solar roofs will be developed in partnership with Panasonic, with goal of 40 cents per watt, similar to competition

Accelerator

Sector

Energy, Real Estate and Construction

Organization

Panasonic Corp., SolarCity Corp., Tesla Motors Inc.

Source

Original Publication Date

November 21, 2016

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