In 2016, Tesla Motors, led by Elon Musk, unveiled solar power-related products such as ‘
A few weeks after SolarRoof was announced, SolarCity , the solar power equipment company where Musk was the largest shareholder and chairman and which was run by Musk's cousins, was acquired by Tesla. Electrek points out that ‘SolarRoof was not just a product, but a product created to sell a heavily indebted company to shareholders.’
Electrek states, ‘This is disappointing news. When the solar roof was launched, we were really excited about the concept of having power generation capabilities on the roof while avoiding the look of solar panels. However, like several other Tesla products, Tesla released a premature and unfinished product. The concept was announced years before the product could actually be realized, the price fluctuated wildly, and customers who signed up believing the initial promises were hurt. The fundamental problem is that it was not economically viable. Due to the complexity of manufacturing, the effort involved in installation, and the limitations of shading with tiles, the solar roof ended up being profitable only for very expensive homes where buyers are not so price-sensitive.’
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in Hardware, Posted by log1e_dh
