Tesla’s solar roof panels to cost lower than earlier estimates
The first two styles of Tesla’s solar roof will cost customers nearly $21.85 per square foot, cheaper than many industry analysts had anticipated.
The price announced by Tesla is lower than the price of $24.50 per square foot that Consumer Reports had predicted. That prediction was based on Tesla’s ability to achieve a competitive price to conservative roofing materials like asphalt, once savings from power bills would be factored in over expected lifetime of the roof.
However, several people had expressed skepticism that the company’s product would be affordable.
The first two styles of Tesla’s glass tiles are: black glass smooth and textured versions. These are among the four planned styles that the company had unveiled earlier this year.
Tesla is going to sell solar roof during a “trying” time as a recent report from GTM Research indicated that the second half of last year witnessed first significant drop in U.S. solar companies’ operations.
Following the release of the pricing, Tesla’s shares closed up more than 1 per cent on Wednesday.
The International Monetary Fund (IMF) has predicted US and UK economies will experience weaker-than-expected activity and expand more slowly this year than previously predicted.
The European Commission has confirmed that EU antitrust regulators are probing allegations of a cartel among a group of German carmakers, in an action that could result in bulky penalties for the companies.
Tesla Motors’ long-awaited Model 3 will be a “major test” for the Palo Alto-based electric car giant, according to industry analysts.
Hitting a potential milestone in the ongoing cleanup of one of the world’s worst atomic disasters, Japan has captured images of melted nuclear fuel inside the reactor 3 at the Fukushima No. 1 power plant.
Verizon Wireless has announced that it has been “optimizing” video apps on its mobile network, an admission made after several subscribers complained that their mobile data speeds were being throttled whenever they streamed videos on YouTube or Ne
The Federal Trade Commission (FTC) has confirmed that it has launched an investigation into allegations of tech giant Amazon’s misleading pricing discounts.