Tesla ceo elon musk confirmed an expansion of the company s solar roof tiles also known as solarglass in europe and china and the timing will be announced soon.
Tesla and solarcity announces solar roof.
During the call musk announced that solarcity will unveil a solar roof as opposed to solar modules on a roof.
But when i talked to industry experts and executives about the solar roof at the time there were a lot.
This is enough for as many as 1 000 homes according to the company s calculations.
Tesla s solar roof was announced nearly four years ago to wide praise by excited investors.
In october of last year tesla.
The transaction is expected to be additive to tesla s cash balance.
Solarcity increased its cash from q2 to q3 2016 and expects to increase it further in q4 2016.
This milestone comes with a certain delay as the launch of the tesla solarcity solar roof planned to go with storage capacity and a tesla charger was first announced in 2016.
While musk didn t elaborate on the product itself he made it clear that.
Solar roof is comparable in price to a typical roof with solar panels.