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.
Hong Kong-based Cathay Pacific Airways, the largest international airline in Asia, is preparing to lay off as many as 600 employees at its headquarters.
After several years of tentative mutual approaches, US-based chemical manufacturer Huntsman Corporation and Switzerland’s Clariant AG have finally agreed to merger to create an entity with a market value of more than $14 billion.
Mosquito bites are not just a nuisance but can results into a serious public health threat as a single mosquito bite can transmit multiple dangerous viruses, researchers have warned.
Cannes presents an exceptional platform for filmmakers, scriptwriters and artists and some of those talented people have been left out as Cannes announced ban on streaming-only movies.
Austria has announced ban on Full-Face Veil and anyone not following the ruling will be fine Euro 150, starting October. The new legislation has been approved by both the ruling parties.
Ridesharing service Uber has reportedly threatened to fire one of its top self-driving engineers, Anthony Levandowski, if doesn’t cooperate with an ongoing investigation into allegations that he stole trade secrets from his former employer Waymo.