The solar roof dream is dying.
Musk new solar roof.
Three years after tesla bought solarcity ceo elon musk is still fighting to justify the 2 6 billion deal in part by revealing a new version of its glass solar roof tiles part of a broader.
Elon musk is suggesting that the new version of tesla s solar roof tiles will be even less expensive and it will roughly be the equivalent of the cost of a comp shingle roof and the electric.
The roof started as a partnership with solar city which tesla acquired in 2016 for 2 6 billion.
Last fall when tesla ceo elon musk first unveiled these photovoltaic tempered glass roofing tiles consumer reports performed a cost analysis and determined that for a solar roof to compete.
Tesla s solar roof was announced nearly four years ago to wide praise by excited investors.
Musk s solar ambitions have been troubled by more than delays.
Elon musk has unveiled a redesign of tesla s solar roof tiles dubbed solar glass roof the new roof design will cost around 42 500 for a 2 000 square foot roof with 10kw of solar capacity.
The tiles have a lot to offer.
Tesla s new solar roof costs less than a new roof plus solar.
Solar roof is comparable in price to a typical roof with solar panels.
Purchase solar roof at one of the lowest cost per watt of any national provider and take control of your monthly electricity bill.
But when i talked to industry experts and executives about the solar roof.
I am very excited about version 3 of solar roof he added.
Tesla ceo elon musk kicked off the call with some explanatory remarks on the v3 solar roof and then took a number of questions.